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

Ratification is typically required when an individual makes a decision. Still, they don’t have the legal authority to make it legally enforceable. In everyday discourse, ratification ...

The quality of life enjoyed by a person depending on factors such as spendable income, housing conditions, health and education. ...

Use of borrowed funds to enhance expected returns. It is anticipated that the investment will earn a return exceeding the after-tax cost of borrowing. ...

In regards to , in the matter of. Formal judicial method of entitling a matter before it. ...

Financial standing of a debtor as a basis to pay obligations. ...

Regular rental of property between the lessee and lessor for a fee. An operating lease does not satisfy the criteria for a capital lease. An example is renting an apartment. A lessee ...

Property held by an individual, such as furniture. ...

The term foraging comes from the old germanic language, which passed through Old French “fuerre” and “fourrage” and it means the search for wild food resources. ...

Self-employed contractor who may perform work on a structure such as residential or commercial property. ...

Popular Real Estate Questions