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Applied Regression Analysis for Business

Tools, Traps and Applications

  • Jacek Welc
  • Pedro J. Rodriguez Esquerdo

Table of contents

  1. Front Matter
    Pages i-xi
  2. Jacek Welc, Pedro J. Rodriguez Esquerdo
    Pages 1-6
  3. Jacek Welc, Pedro J. Rodriguez Esquerdo
    Pages 7-35
  4. Jacek Welc, Pedro J. Rodriguez Esquerdo
    Pages 37-61
  5. Jacek Welc, Pedro J. Rodriguez Esquerdo
    Pages 63-130
  6. Jacek Welc, Pedro J. Rodriguez Esquerdo
    Pages 131-172
  7. Jacek Welc, Pedro J. Rodriguez Esquerdo
    Pages 173-212
  8. Jacek Welc, Pedro J. Rodriguez Esquerdo
    Pages 213-227
  9. Jacek Welc, Pedro J. Rodriguez Esquerdo
    Pages 229-256
  10. Jacek Welc, Pedro J. Rodriguez Esquerdo
    Pages 257-276
  11. Back Matter
    Pages 277-286

About this book

Introduction

This book offers hands-on statistical tools for business professionals by focusing on the practical application of a single-equation regression. The authors discuss commonly applied econometric procedures, which are useful in building regression models for economic forecasting and supporting business decisions. A significant part of the book is devoted to traps and pitfalls in implementing regression analysis in real-world scenarios. The book consists of nine chapters, the final two of which are fully devoted to case studies.

Today's business environment is characterised by a huge amount of economic data. Making successful business decisions under such data-abundant conditions requires objective analytical tools, which can help to identify and quantify multiple relationships between dozens of economic variables. Single-equation regression analysis, which is discussed in this book, is one such tool. The book offers a valuable guide and is relevant in various areas of economic and business analysis, including marketing, financial and operational management.

Keywords

Regression analysis Single-equation models Statistical analysis Business forecasting Outlying observations Multiple regression model Pitfalls in regression analysis Real-life examples of business analysis Regression analysis for business Basics of regression Regression analysis of discrete dependent variables

Authors and affiliations

  • Jacek Welc
    • 1
  • Pedro J. Rodriguez Esquerdo
    • 2
  1. 1.Wrocław University of EconomicsJelenia GoraPoland
  2. 2.University of Puerto RicoRio PiedrasUSA

Bibliographic information