Journal of Research and Development
Open Access

Analytical Techniques Scholarly Peer-review Journal

Regression analysis assumes that the dependent, or outcome, variable is directly affected by one or more independent variables. There are four important types of regression analyses:

Ordinary least squares (OLS) regression

Used to determine the relationship between a dependent variable and one or more independent variables Used when the dependent variable is continuous. For example, if the dependent variable was family child care expenses, measured in dollars, OLS regression would be used