Term Paper on Regression Analysis:
Regression analysis is the statistical method of the research of the impact of the one or several independent variables on the single dependent variable. Regression analysis is extremely important in statistics, because helps the experts to analyze the collected information and make various predictions on its basis. The history of the method is quite long, because was introduced in the beginning of the 19th century and was used in various disciplines. For example, in astronomy the scientists analysed and tried to predict the move of the Sun and the planets of the Solar System and in biology the experts tried to analyze the logic of the evolution of the certain species of animals. The method of the analysis was named ‘regression’, because the species of the animals under research were becoming smaller in size in the course of evolution or regressed. Today the method of regression analysis helps to predict the results in various spheres of human life analysing the calculations or various surveys. There is a lot of powerful high-quality computer software, which can help scientists solve various problems connected with statistics at a moment’s notice.
Regression analysis is an important topic for the analysis, because it provides scientists with the methods of processing of the required information, which can be used in statistics, decision making, etc. If one is going to connect his career with statistics, he will need to know much about various methods of data analysis and prediction of the possible results. A term paper on regression analysis is a good chance for students to improve their knowledge about the problem and achieve useful experience and professional skills.
A well-organized term paper is supposed to be interesting, informative and contain only up-to-date high-quality information from the reliable sources. One is supposed to explain the meaning of the term ‘regression analysis’, analyze the structure and the principles of the method and focus on its advantages and disadvantages. A student is supposed to define the role and the value of the method and prove that it is important for statistics and the methodology of all sciences. One should conclude the paper well and provide the professor with the well-structured logical paper which reveals the problem from all sides.
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