Question
State precautions which are necessary while using the regression.

Answer

While using application of regression line, following precautions are taken into consideration.
  • Necessary information can be obtained by regression line in different section like economics, business, industry, training, psychology, medical, planning.
  • Study of regression does not prove cause and effect relationship between two variables but only assumption is made that two variable are correlated.
  • Trustworthiness of co-efficient of regression can be measured. So, usage of regression should be careful.

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