MULTIPLE LINEAR REGRESSION - MLR

A statistical technique which attempts to use two or more explanatory variables to forecast the result of the response variable. Its objective is to show the connection between the explanatory and response variables.

The model for MLR, provided n observations, is:

yi = B0 + B1xi1 + B2xi2 + ... + Bpxip + Ei

where i = 1,2, ..., n