Question: What do we call the variable we are trying to predict in regression? Please provide at least two names. What do we call the variable

  • What do we call the variable we are trying to predict in regression? Please provide at least two names.
  • What do we call the variable or variables we are using to explain the variable type in question 1? Please provide at least two names.
  • When discussing regression models, we often refer to the error terms or the residuals. What are the residuals in a regression model, and how are they measured?
  • What does the Coefficient of Determination measure? How do we denote this (i.e. how is the Coefficient of Determination commonly referred to?)?
  • What four assumptions do we make about regression models?

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