Statistics Helpdesk Blog

Multivariate regression is also known as a system of regression equations. We use it to identify and understand the relationship between multiple variables. This essential statistical method is useful when it comes to estimating housing prices, the effects of economic policies, or general market trends. Multivariate regression is an essential tool in econometrics; i...

Cross-sectional sampling is an important type of sampling strategy in statistical research since it allows the capture and subsequent analysis of a population that has been sampled at a given point of time. This method is most relevant in different disciplines including marketing, healthcare, and sciences. When the research is focused on a population, the sampling t...

One of the key skills that every statistics student assigned to perform linear regression using STATA is the ability to predict outcomes. A key statistical procedure in modern data analysis, linear regression offers a quantitative understanding of the effect of independent variables on a dependent variable, helping statistics scholars and researchers to forecast the...