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Multiple regression analysis is a statistical method that helps to predict one or more dependent variables by using regression coefficients to explain the variation of dependent variable in terms of the independent variables. It is a linear model, and it uses a simple regression equation. It involves predicting the value of dependent variable from the values of independent variables. The dependent variable is usually measured on a continuous scale, and the independent variables represent various factors that influence the dependent variable. The multiple regression analysis is used in various fields of business, finance, healthcare, agriculture, engineering, education, and other disciplines.
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