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Multiple regression is the process of generating an equation using a combination of predictor variables to create an expected outcome. The equation appears as follows:

Predicted value of Y = β 1 X 1 + β 2 X 2 + β 3 X 3 + + β i X i .

The equation is true where the β represents the standardized coefficient for each variable X (this is in pairs so that each variable X has a separately estimated coefficient, β). The process involves the use of a ...

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