classical linear regression (CLR)

  

Definition

Model statistical-tool used in predicting future values of a target (dependent) variable on the basis of the behavior of a set of explanatory factors (independent variables). A type of regression analysis model, it assumes the target variable is predictable, not chaotic or random.

Related Videos




http://www.businessdictionary.com/definition/classical-linear-regression-CLR.html

Have a question about this term? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z