Regression
Definition of "Regression"
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%.
Popular Real Estate Terms
In everyday discourse, a merger defines the combination of two entities, be it real estate or two companies, into a single and legit one. We should make a difference between a merger and ...
Simply put, the meaning of purchase money mortgage is a type of seller financing. Explicitly, a home seller issues a mortgage to the borrower as part of the buying transaction without ...
Real estate bought and leased to tenants to obtain rental income. ...
Sheet metal, often made of aluminum, used to cover a structure's open masonry or wood joints. The purpose of flashing is to prevent the penetration of water as well as to provide a drainage ...
The accelerated depreciation definition is a type of depreciation that makes it possible for a homeowner or real estate investor to depreciate their property faster than the straight-line ...
That part of a roof which projects beyond the sides of the building. The eaves keep rain overflow of the sides of a building structure and seal the roof rafters. ...
Obtaining money and/or property from a deceased person whether by will or not. ...
Divides a locality into districts for differing purposes. The map is continually kept current. It reveals the status of each district. ...
Major city in a metropolitan area. ...
Have a question or comment?
We're here to help.