Definition of "Regression"

Judson Vickery real estate agent

Written by

Judson Vickeryelite badge icon

Century 21 Triangle Group

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%.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Provision in a commercial lease providing a financial allowance for a tenant to finish the interior of a building according to individual requirements. ...

Writ issued by the court requiring a person to appear as a witness or to provide written information in the case. A contempt of court citation may occur for failure to observe the subpoena. ...

(1) Written statement by a responsible individual or entity of the correctness and reliability of something. (2) Written permission to do something, such as receiving a real estate ...

The right to deviate from the use of land prescribed by an existing zoning ordinance. ...

Portion of a construction loan withheld by a lender from a contractor until all construction work is satisfactorily completed or sufficient space is rented in a floor loan. The holdback ...

Tank placed beneath the ground to accumulate sewage. ...

Continuous beam on top of supporting walls, usually constructed of concrete and often having steel rods for additional strength placed within it. Supplies lateral support as well as ...

Earthquake insurance is the type of insurance policy that specifically covers damages to your real estate caused by seismic activities. It can refer both to the rare coverage against ...

An insect, such as a termite, that "eats into" the wood and destroys it. This can cause significant damage to the home. Most states have laws that require termite inspection and ...

Popular Real Estate Questions