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Examples of regression analysis

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Once we start to think about it, regression is useful in many different situations. Give an example of how you might use regression analysis in your work. As part of your answer give the model you would use and explain why you chose the specific independent variables given in your model. I own my own janitorial company.

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Solution Summary

Solution is an example in Excel of linear regression applied to hours prediction for a janitorial small business.

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In owning your own janitorial company, you may put in an amount of hours each month. This amount may vary. Over a 12-month period you may average those numbers, but this doesn't tell ...

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