Regression analysis is a statistical tool that evaluates how the dependent and independent variables relate. The main uses of regression analysis include forecasting and finding the cause-and-effect relationship between two elements.
Knowing how to conduct regression analysis is necessary for business students and those studying social science, machine learning, weather forecasting, and much more. Read this page to find everything you need to know about this statistical tool and discover great regression analysis examples in business.
🔝 Top-10 Regression Analysis Examples
- Gulfport Transit Company: Transformational Management
- Saudi Arabia's Stock Price and Inflation Rate Effects
- Managerial Planning and Its Effectiveness
- Business Research Methods
- The Number of Employees and Revenues of Companies
- Improving Employee Performance: Effective Training
- Employees’ Resistance to Bank’s Change
- Qatar National Bank's Employees in Change Processes
- Styles of Organizational Leadership
- Leadership in the Hotel Industry
📈 Regression Analysis in Business
Countless internal and external factors impact a company and its performance. Regression analysis is used in business to learn how each factor influences sales. It also provides valuable insights into the organization’s strengths and weaknesses.
As an example, let us consider the use of regression analysis in e-commerce. For e-commerce companies, the dependent variable is often sales. In this case, the regression model allows e-commerce business owners to measure the impact of independent factors like search engine optimization or social media posts on sales.
What Is Regression Analysis Used for in Business?
Regression analysis can be used for 2 primary business purposes:
- To study the relationship between two or more business variables.
- To forecast a future business variable based on its relationship to another variable.
Both purposes are the basis of efficient business decision-making. Imagine you’re a business owner and introduce a new marketing campaign. By applying regression analysis, you can forecast if the new campaign contributes to sales increases or declines.
Moreover, there are 2 types of regression analysis beneficial for a business: single variable linear regression and multiple regression. While the former focuses on the relationship between 2 variables, the latter determines the relationship between 3 or more.
How Is Regression Analysis Used in Business?
The regression model in business is based on the relationship between 2 variables — dependent and independent. Generally, business analytics view sales, expenses, and overall profitability as dependent variables and investigate how various factors (independent variables) can impact them.
The formula used to build a regression model is called covariance. If both variables increase, then the covariance is positive. However, if one variable goes up and the other down, this’s a negative covariance.
Moreover, regression analysis applies the correlation coefficient to make business forecasting even more convenient. The correlation coefficient evaluates the strength of a relationship between the variables and ranges from -1 (perfect negative correlation) to 1 (perfect positive correlation).
Why Is Regression Analysis Important in Business?
Regression analysis is often considered one of the most powerful tools in business management. Indeed, it helps a business understand the available data and use it to predict sales, make better decisions, and identify inventory levels, supply, and demand.
🖥️ Regression Analysis Examples in Business
There are numerous ways how to use regression analysis in business. For example, companies can employ it with the following goals in mind:
- To forecast future opportunities and risks. For instance, demand analysis, which predicts the number of goods a consumer will probably purchase, is based on the regression model.
- To make informed business decisions. Big companies are often overloaded with data on finances or customer purchases. Regression analysis helps convert this data into actionable information, thus leading to more accurate decisions.
- To optimize business processes. Imagine you want to increase call center workers’ efficiency. You can develop a regression model to analyze the correlation between the number of complaints and the changes made.
- To gain new insights. Regression analysis lets businesses get valuable insights and uncover previously unnoticed patterns in available data. For instance, analysis of purchase accounts may highlight customers’ preferences.
- To correct errors. Finally, regression analysis can be used as a tool to prevent and correct some mistakes. A company manager may believe that a new marketing campaign should be launched on Facebook. However, the regression analysis may show that interaction with customers on Instagram leads to better sales, so this might be a better platform for the campaign.
📝 Regression Analysis Research Paper Examples
- How Does Social Media Influence Sports Brands Marketing?Business essay sample: This paper delves into the use of social media to leverage marketing and brand loyalty creation for sports organisations.
- Customer Service as a Business Success FactorBusiness essay sample: Markets are overflowed with numerous items and services that are feebly separated. Predominantly, organizations can duplicate items and services from their rivals.
- Apple Company's Administration and PerformanceBusiness essay sample: The study investigates the adequacy of a powerful administration in the execution of the Apple Company. It utilizes the deductive methodology of exploration method.
- National Culture, Performance and Leadership StyleBusiness essay sample: The paper explores the relationship between leadership and organization performance and proves that evidence these concepts are influenced by national culture.
- Visionary Leadership Styles of Steve Jobs and Tim CookBusiness essay sample: Leadership styles are adapted to the demands and the situations at hand. The following study focused on the leadership styles of Steve Jobs and Tim Cook in the Apple Company.
- Transformational Leadership and Saudi Employees’ Change ReadinessBusiness essay sample: This research is focused on understanding the role of transformational leadership on Saudi Arabian employees’ perceptions of organizational readiness for change.
- The Impact of Training on Employee PerformanceBusiness essay sample: The work examines the impact of training on employee performance differs depending on the company approaches to evaluate the positive and negative impact of this training.
- Job Satisfaction and UAE Employee PerformanceBusiness essay sample: This paper investigates a relationship between job satisfaction and employee performance in the organizations in the United Arab Emirates.
- Minimum Wage and Unemployment Rate CorrelationBusiness essay sample: The paper establishes the relationship between the unemployment rate and minimum wage and provides possible reasons for this relationship.
- Minimum Wage Increase Effect on Unemployment RateBusiness essay sample: The research paper will also provide possible reasons for the positive or negative relationship which will be established.
- Unemployment Effects on GDP in the USBusiness essay sample: The paper uses statistical process control tools to improve the quality of organisations. It determines if there is any relation between unemployment and tax, inflation, saving.
- Unemployment Rate and Affecting Factors in the USBusiness essay sample: This paper discusses the effect of income growth rate, inflation rate, mortgage rate, and gross domestic product on the unemployment rate in the United States.
- Bahrain Development Bank' Employee TurnoverBusiness essay sample: The purpose of this paper is to investigate the causes of employee turnover in organizations in Bahrain Development Bank that operates in the Kingdom of Bahrain.
- Checkpoint Company. Managing Information.Business essay sample: Checkpoint is a US company that was formed in the year 1969. The company has global operations in retail security, labelling and merchandising.
- The GDP and the S&P 500: Correlation AnalysisBusiness essay sample: This research paper hypothesizes that there is a strong correlation between the GDP and the S&P 500 because stock market is a statistically significant predictor of economic activities.
- Coffee Shop Preferences Among Consumers ResearchBusiness essay sample: The research report on coffee shop choices among consumers and the factors that influence them. Information will assist the coffee shops in making decisions on expanding.
- A Preliminary Time Series Test of Growth ModelsBusiness essay sample: This reports on an effort to test the exogenous and endogenous theories of economic growth employing OLS regression on a sample of time series data from the Penn World database.
- Testing Sensitivity of Major Market Stock to Oil and Gas Prices in the USBusiness essay sample: This paper examines the linkages between the United States (U.S.) firm’s sensitivity of stock prices to their prevalent risk factors and the industrial risks disclosed by the 1997 SEC’s report.
- Culture and Consumption MotivationBusiness essay sample: The paper analyzes how culture and motivation are interrelated and what are the key motivating ideas which persuade a customer for the purchase of a certain product.
- Quality Management Impact in 4-Star Hotels in LondonBusiness essay sample: The research paper will seek to explain the critical influences of hotel management practices in four-star hotels.
- Managerial Economics Importance for Running a Strong CompanyBusiness essay sample: Managerial economics refers is the sub-discipline of economics that uses concepts of microeconomics techniques in the decision-making modules used by business managers.
- Supplemental Fiscal Budget and Capita Gross Domestic ProductBusiness essay sample: The two policy measures under scrutiny: devote the earmarked funding to raising the secondary school enrolment rate; or, emergency loans for the banking sector.
- Market Orientation and Productivity Regarding the Organization StrategyBusiness essay sample: To enhance the performance of the firm, choosing the right strategy to pursue in terms of a competitor or market orientation is the best method that an organization can apply.
💡 Essay Ideas on Regression Analysis
- Contracting Case StudyBusiness essay sample: Contractual negotiations on the matters of supplying H-19C helicopter systems, as well as enhancing the computer program development, is one of the key steps in H-19 Helicopter Program development.
- “Did Botswana Escape From the Resource Curse?” by Atsushi IimiBusiness essay sample: This working paper addresses the continued growth of Botswana’s economy and the key factors contributing to the growth.
- On the Problem of Staff TurnoverBusiness essay sample: The purpose of this article is to assess the existing literature, current HR policies, and practices related to staff turnover.
- Shuzworld: Assessment of Plant OperationsBusiness essay sample: The purpose of this assessment is to recommend the best method to be used by Shuzworld in sneaker’s manufacture, to develop a sales volume forecast.
- Customer Relationship Management TechniquesBusiness essay sample: The article is devoted to the analysis of the customer relationship management issue and its place in marketing performance.
- Etisalat’s Call Centre: Customer Satisfaction and Service LevelBusiness essay sample: A survey was conducted to understand what the current level of performance of Etisalat's contact centre in UAE is and how it affects customer satisfaction.
- Investigating a Business Issue - ResearchBusiness essay sample: When employees are not happy with the management style, they are more likely to dislike their work, thus disengaging from it, either doing the bare minimum required to stay employed.
- Statistical Analysis Of Fortune 1000 Largest Companies in 2006Business essay sample: Fortune 1000 is a list of the 1000 largest American companies, ranked on revenues alone, maintained by the American business magazine Fortune.
- The Evaluation of Saudi Telecom CompanyBusiness essay sample: In this report, the author describes his 28-month experience at the Saudi Telecommunications Company (STC) and gives a general analysis of its work.
- Employee Turnover in Food and Non-Food RetailersBusiness essay sample: From the analysis, we conclude that the food retailers have a higher turnover than the nonfood retailers. Also, the number of employees affects the turnover.
- Fair Value Financial AccountingBusiness essay sample: The purpose of this article is to consider the impact of using fair value instead of historical cost in financial statements.
- Empirical Methods in FinanceBusiness essay sample: This paper analyzes empirical methods in finance, namely, correlogram, ARMA model, diagnostic, heteroscedasticity, autocorrelation, normality, unit root, regression.
- Hong Kong Stock Market: Accounting Ratio and ReturnBusiness essay sample: The paper will analyse the relationship between stock returns and three ratio variables, which are Price earnings ratio, Dividend price ratio, and Payout ratio.
- The Relationship Between the Car Retail Price and Car Mileage in Dubai MarketBusiness essay sample: This article is a review of data obtained through correlation and regression analyses to determine the relationship between car retail price and car mileage in the Dubai market.
- Deltic Timber Corporation Financial AnalysisBusiness essay sample: This paper shows the financial data use in financial analysis in decision-making for potential investors, by carrying out a broad financial analysis for Deltic Timber Corporation.
- Occidental Petroleum, McKesson Corporation, and Nike, Inc.: Economic PerformanceBusiness essay sample: This treatise is a report to the Chief Finance Officers of Occidental Petroleum Corporation, Nike, Inc., and McKesson Corporation.
- The Role of New Management Accounting Methods for Development of Financial PerformanceBusiness essay sample: The present study employs a survey study design to understand the role of new management accounting methods for the development of financial performance.
- Coats Group's Financial Markets and Investment AnalysisBusiness essay sample: This paper shows the ratios for the Coats Group PLC between the years 2013 and 2015. The profitability level of the company deteriorated during the period.
- Accounting Information and Country-Specific FactorsBusiness essay sample: The aim of this study is to highlight the accounting information value relevance in companies within Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar, and the UAE.
- Hong Kong Stock Market: The Relationship between Stock Returns and Three Ratio VariablesBusiness essay sample: This paper analysed the relationship between Stock Returns and three ratio variables that include the Price Earnings ratio, Dividend Price ratio, and the Payout ratio.
- Fiscal Policy Impact on the Economy of Saudi ArabiaBusiness essay sample: The paper notes that fiscal policy investments created to increase military spending and non-productive parts of the economy do little to improve the economic growth of Saudi Arabia.
- Sony Corporation: Company Valuation ReportBusiness essay sample: This paper is a financial analysis for Sony Corporation. The evaluation shows Sony Corporation shares to perform slightly below projected values.
- Cost of Equity & Weighted Average Cost of Capita for Merchants TrustBusiness essay sample: Raising capital through a high share of debt is unfavorable for businesses in Hungary, as financial institutions charge higher interest rates. Stocks are the best option.
👍 Good Regression Analysis Essay Examples to Write about
- The Impact of Corporate Scandals on Customer TrustBusiness essay sample: The research study aims to expose the impact of corporate scandals on customer trust in the global business arena, and how they further lead to more company losses.
- Comparison Between Sifchain Finance and Republic NoteBusiness essay sample: This report aims to compare the two ICOs that use the Sifchain and Republic notes and give the significant reasons each of them can be invested.
- Payout Polices of Banks and Technological FirmsBusiness essay sample: Publicly traded companies have to pay out dividends to their shareholders as a form of compensation for their investments.
- Financial Exposures and Risks in BusinessBusiness essay sample: Multinational corporations attempt to measure and manage risk and exposure while in the international arena, rarely do the majority effectively profit from the strategy.
- Company X: The Performance Management RevolutionBusiness essay sample: Performance appraisal is an essential part of performance management since it can help companies to track employees' productivity and motivate them to achieve better.
- Lower Oil Prices' Impact on the Stock MarketsBusiness essay sample: This paper will analyze the relationship between lower oil prices and the stock markets. In this case, the lower oil price is the dependent variable.
- Job Satisfaction among UAE EmployeeBusiness essay sample: The paper aims to investigate the relationship between job satisfaction and different factors by surveying employees in UAE from different positions and gender.
- The Effectiveness of Occupational Stress ManagementBusiness essay sample: The focus of this study will be on the experiences of both workers and managers, to determine the effectiveness of occupational stress management.
- Employee Performance of Abu Dhabi PoliceBusiness essay sample: The purpose of the study is to determine whether employee performance of the Abu Dhabi police is significantly affected by employee attitude.
- Knowledge Economy: Impact on Firms' PerformanceBusiness essay sample: The emergence of the knowledge economy decreased reliance on physical inputs and natural resources to produce goods and services.
- Sports Marketing Affected by Internet of ThingsBusiness essay sample: This research paper provides a holistic understanding of how the Internet of Things affects sports marketing plans.
- Forecasting and Inventory ManagementBusiness essay sample: The paper provides a comprehensive evaluation of the purpose of inventory management and forecasting within operations management.
- Wild Dog Coffee Company: Business PlanBusiness essay sample: Gathering information on business operations is crucial in business decision-making. It requires the stakeholders to use tools such as checklists.
- Hong Kong Rugby Sevens' Human Resource ManagementBusiness essay sample: This study aims to investigate the Human Resource Management of the Hong Kong Rugby Sevens with respect to personal training, logistical support, and manpower rearrangement.
- Restaurant Managers' Effect on Employee MotivationBusiness essay sample: The focus of the study was to investigate the effect that managers have on the motivation of international and intercultural employees in restaurant business settings in the US.
- Full-Time Versus Part-Time Workers at Jing Jiang Tower HotelBusiness essay sample: This paper uses data from the study of Jing Jiang Tower Hotel -a hotel in Shanghai to study the level of commitment among part-time and full-time employees.
- Impact of Emotional Intelligence on Employees’ Careers at Workplace in UAEBusiness essay sample: The profound growth and development of the global economy renders the necessity to focus on the productivity of the employees and their welfare as a unique selling point.
- Customer Satisfaction and Pricing in UAE Shopping CentersBusiness essay sample: This research paper aims at identifying the role prices have on the satisfaction of customers in shopping centers in the United Arab Emirates (UAE).
- Jain University’s Business School and Its ProblemsBusiness essay sample: Jain University's business school currently faces several problems which complicate its functioning as a respectable educational institution.
- Boeing Company and Its Purchase PowerBusiness essay sample: As the dollar weakens between their manufacturing and purchasing in Canada and China, Boeing is likely to notice very gradual increases in value.
- Organizational Virtue and Its Impact on Employees’ Satisfaction in the UAEBusiness essay sample: The study investigates the critical aspects of organizational virtue and their impact on employee satisfaction in UAE enterprises.
- Ethical Organizational Culture and How It May Affect InnovationBusiness essay sample: The aim of this paper is to assess ethical organizational culture and how it may affect innovation within an organization.
- Impact of Recession on Capital StructureBusiness essay sample: One of the primary research problems in corporate finance is how a recession influences the adjustment of a firm`s capital structure.