Multiple Regression Analysis

Viac o knihe

Seminar paper from the year 2010 in the subject Economics - Statistics and Methods, grade: A, course: PhD, language: English, abstract: This is well known fact that the success of social science research heavily depends upon the selection of research tools and its effective utilization. Researchers often come across the situations where they want to study the impact of one variable on the other variable viz. impact of income on expenditure. Although we have freedom to select research tools for multivariate analysis as wide range of research tools are available, multiple regression analysis allows us to determine the effect of more than one independent variable on dependent variable. This term paper talks about the concept of multiple regression analysis, its assumptions, application, and its limitations to the social science research. The paper also briefs about various statistics associated with multiple regression analysis.