Multiple Regression Formula

Multiple regression is an extension of simple linear regression. It is used to predict the value of a variable based on the value of two or more other variables. It is the simultaneous combination of multiple factors to assess how and to what extent they affect a certain outcome. Here is the Multiple Regression Formula to examine the relationship between one dependent variable Y and one or more independent variables Xi using Multiple Linear Regression (MLR).

Multiple Linear Regression Formula

Formula Used:
Y = a + b1X1 + b2X2 + ... + bnXn

a - Y intercept point
b1, b2, ... , bn - Slope of X1, X2, ... , Xn respectively

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