Definition of "Regression"

Judson Vickery real estate agent

Written by

Judson Vickeryelite badge icon

Century 21 Triangle Group

A statistical procedure using a body of measurable independent variables to compute an equation that successfully measures and forecasts the variance in another variable, the dependent variable. Regression analysis multiplies each of the independent variables by a beta coefficient and adds the results together. The beta coefficients of the independent variables are one of the most important parts of the set of results produced by regression analysis. More important, explanatory variables have higher beta values. The large the sample size, the greater the statistical significance of the results. The total amount of variation in the dependent variable is measured by the coefficient from 0% to 100%.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Same as term right of first refusal: Right of an individual to be offered something before it is offered to others. For example, a tenant whose apartment is going to be converted to a ...

Principle stating that the joint tenants must have equal rights to possession of the whole property. ...

Also called biannual; twice a year. An example is when lease payments are due January 1 and July 1. ...

Substance or material used at the top of a chimney at the roof to inhibit the development of moisture and to protect the metal. ...

Marketable title that is free of encumbrances and disputed interests. Clear title is essential in order to convey a general warranty deed in a transaction. ...

Exposed heating unit located within a room that transfers heat generated by hot water or stream through conduction. The surrounding air circulates around the radiator using convection ...

Structure have two dwelling units under the same roof. Two-story apartment unit. ...

The definition of abatement is a reduction of penalties or a tax deduction for individuals or businesses. It can often be accessed upon an overpayment of taxes, if the company or individual ...

See effective tax rate. ...

Popular Real Estate Questions