Linear regression analysis Definition and Explanation PDF | Download eBooks
Learn Linear regression analysis definition in supply chain management with explanation to study “What is Linear-regression analysis”. Study linear regression analysis explanation with SCM terms to review supply chain management course for online MBA programs.
Linear regression analysis Definition:
A straight-line mathematical model to describe the functional relationships between independent and dependent variables.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Linear regression analysis Explanation:
The study of relationship of additive, linear between different variables and used in almost all statistical techniques. Two variables are considered one is dependent and denoted by Y and the other one is independent denoted by X. the independent variable is to predict with the variable value of X.
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