Regression Methods To forecast an outcome (response variable, dependent variable) of a study based on a certain number of factors(explanatory variables, regressors The outcome has to be quantitative but the factors can either by quantitative or categorical Simple regression deals with situations with one explanatory variable, whereas multiple regression tackles case with more than one regressors Slide 3Slide 3 Regression Methods • To forecast an outcome (response variable, dependent variable) of a study based on a certain number of factors (explanatory variables, regressors). • The outcome has to be quantitative but the factors can either by quantitative or categorical. • Simple Regression deals with situations with one explanatory variable, whereas multiple regression tackles case with more than one regressors