What are the uses of a regression model

What are the uses of a regression model? Solution: If we are able to establish a linear relationship between variables, we can use the regression model to predict the outcome of as a function of, using the formula where corresponds to the predicted , andcorresponds to...

State Budget and Days Late

State Budget and Days Late. New York State has become notorious for approving the state budget after the annual deadline April 1. The amounts of the budget (in billions of dollars adjusted for inflation) and the number of days late are listed below with corresponding...