Multiple Regression Analysis

Multiple Regression Analysis is a statistical method used to understand the relationship between one dependent variable and several independent variables. Think of it as a way to predict outcomes based on multiple factors. For example, if you want to predict a person's salary, you might include factors like education, work experience, and industry. By analyzing the data, multiple regression helps to highlight which factors have the most influence on the outcome and how they interact with each other, allowing for more informed decision-making and insights in various fields like economics, healthcare, and social sciences.