Introduction to Prediction (1 of 3)
When two variables are related, it is possible to predict a
person's score on one variable from their score on the second
variable with better than chance accuracy. This section describes how
these predictions are made and what can be learned about the
relationship between the variables by developing a prediction
equation. It will be assumed that the relationship between the two
variables is
linear. Although there are
methods for making predictions when the relationship is nonlinear,
these methods are beyond the scope of this text.
Given that the
relationship is linear, the prediction problem becomes one of finding
the straight line that best fits the data. Since the terms
"regression" and "prediction" are synonymous, this line is
called the
regression line.
The mathematical form of
the regression line predicting Y from X is:
Y' = bX + A
where X is
the variable represented on the abscissa (X-axis), b is the
slope of the line, A is the Y
intercept, and Y' consists of the predicted
values of Y for the various values of X.