Regression is a statistical tool used to understand and quantify the relation between two or more variables regressions range from simple models to highly complex equations the two primary uses . The key factor in any statistical models is the right understanding of the domain and its business application linear regression is a very powerful statistical technique and can be used to generate insights on consumer behaviour understanding business and factors influencing profitability. The following can be some of the best applications of linear regression 1 if a companys sales have increased steadily every month for the past few years by conducting a linear analysis on the sales data with monthly sales the company could forecast sales in future months. Linear regression analysis is a method of analyzing data that has two or more variables by creating the best fit line for all the data points in a two variable system values of y can be predicted from known values of x
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