Regression analysis is a powerful and
commonly used tool in business research. One important step in
regression is  to determine the dependent and independent variable(s).

In a  bivariate regression, which variable is the dependent variable and which one  is the independent variable?

What       does the intercept of a regression tell? What does the slope of a       regression tell?

What       are some of the main uses of a regression?

Provide an example of a situation wherein a bivariate regression would  be a good choice for analyzing data.

Justify your answers using examples and reasoning.

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