Regression
Definition of "Regression"
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%.
Popular Real Estate Terms
The seller disclosure is a statement made in good faith regarding the condition of the home he/she is trying to sell. There is a seller disclosure form – called “Form 17” ...
Determination made concerning the motivation of a testator in making devises of the will. A will can be contested if it can be proved the testator did not have rational motives when ...
A lien is a legal instrument by which one party – usually lenders and creditors - guarantees the obligation of a real estate owner to do something – generally repays the money. ...
Agreement by a lender to loan money to suitable borrowers within a given time period but without identifying those borrowers. ...
Thin layer or slate of baked clay, linoleum, or some other material that is used for covering floors, roofs, or as an ornament in a building. ...
Where property is sold to the highest bidder. ...
Value of a company's or person's name and reputation, As a result, the business will have a competitive edge, and generate better-than-typical future earnings. ...
Written agreement between two or more parties to extend the terms of a document. ...
The basic home inspection definition is well-known for everyone, right?However, when it comes to real estate, the term “inspection” can serve a bunch of purposes – but the ...
Have a question or comment?
We're here to help.