What is a good response the following post made by a classmate? you've made a great point about the utility of regression analysis. It's a powerful statistical tool that allows us to quantify the strength of the relationship between one dependent variable and one or more independent variables. This is particularly useful in fields like economics, business, social sciences, and even in health sciences. For instance, in business, it can be used to understand how changes in price (independent variable) affect sales (dependent variable)