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Quantifying the Influence of Performance Drivers and Forecasting: Regression

  • Cynthia Fraser
Chapter

Abstract

Regression analysis is a powerful tool for quantifying the influence of continuous, independent, drivers X on a continuous dependent, performance variable Y. Often we are interested in both explaining how an independent decision variable X drives a dependent performance variable Y and also in predicting performance Y to compare the impact of alternate decision variable X values. X is also called a predictor, since from X we can predict Y. Regression allows us to do both: quantify the nature and extent of influence of a performance driver and predict performance or response Y from knowledge of the driver X.

Keywords

Simple Linear Regression Prediction Interval Sample Standard Deviation Spot Price Spot Prex 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science+Business Media New York 2013

Authors and Affiliations

  • Cynthia Fraser
    • 1
  1. 1.McIntire School of CommerceUniversity of VirginiaCharlottesvilleUSA

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