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Section 1: Introduction to Regression and Correlation What is Regression? The literal meaning of the term 'regression' is moving backward or returning to the average value[cite: 534]. Originally developed by Sir Francis Galton to study the heights of fathers and sons, regression analysis is now a mathematical measure of the average relationship between two or more variables[cite: 535, 538]. It is primarily considered as a device used to predict the value of one variable when the value of the other variable is known[cite: 8, 537]. Types of Regression The analysis which is restricted to studying only two variables at a time is known as a simple linear regression analysis[cite: 10, 539]. Within this, there are always two lines of regression[cite: 555]: Regression line of Y on X: Used to estimate the dependent variable Y for any given value of the independent variable X[cite: 556]. Regression line of X on Y: Used to estimate the depe...

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FEEN: The Ultimate Development Economics & Nepal Economic History Resource Hub FEEN: Development Economics Library Welcome to our comprehensive, open-access repository. Here you will find critical economic texts, lecture series on structural change, impact evaluation methodologies, and a profound deep dive into the economic history of Nepal. Interactive Document Viewer Browse, preview, and read all of our PDFs directly from our Google Drive repository. Double-click any file below to open it in preview mode right here on the website. Open Full Folder in New Tab Part I: Foundational Economic Texts 1. Economics of Development (7th Edition) Textbook Macroeconomics Global Development Authored by Perkins, Radelet, Lindauer, and Block, this is a comprehensive and industry-standard textbook explor...

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