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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Define Regression. - Economics

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Question

Define Regression.

Definition

Solution

The term ‘Regression’ was first coined and used in 1877 by Francis Galton while studying the relationship between the height of fathers and sons. The average height of children born of parents of a given height tended to move or “regress” toward the average height in the population as a whole. Gabon’s law of universal regression was confirmed by his friend Karl Pearson, who collected more than a thousand records of heights of members of family groups. The literal meaning of the word “regression” is “Stepping back towards the average”.

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Regression
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Chapter 12: Introduction to Statistical Methods and Econometrics - Model Questions [Page 280]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 12 Introduction to Statistical Methods and Econometrics
Model Questions | Q 26. | Page 280
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