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– Nelson Mandela

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Q A multiple regression model has more than one independent variable. Propose a business problem that would be best solved by multiple regression analysis. How would you evaluate the quality of the multiple regression model? In all discussion question responses ensure that you correctly reference sources you used in researching and analyzing your response. Use appropriate scholarly citation methods.

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In, general regression analysis refers to the statistical method to develop a relationship between the three or more variables. In a simple linear regression analysis, there are two variables, one is independent variable (in general, denoted as x) and dependent variable (in general, denoted as y). As the name suggests, in a multiple regression analysis process, there are two or more independent variables. The value of the dependent variable changes with the change of the value of any independent variable. A multiple regression can be expressed with the following equation: