Ambiguity surrounds any importance measure in cases in which predictor variables are correlated. However, a new measure is proposed that has attractive properties, such as providing individual contributions that are both non-negative and sum to R2. The new measure is compared with four other...

This paper examines and analyzes the use of Multivariate Regression Analysis (MRA) as a forecasting tool. The authors attempt to test the capability of the multivariate regression model to forecast the prices of stocks classified as ‘A-Group' by the Bombay Stock Exchange (BSE). Researchers in...

This research explores how one may predict the Gross Domestic Product (GDP) of a country using a technique known as multiple linear regression (MLR). Specifically, we explore whether other macroeconomic variables such as population, interest rates, unemployment rates, amongst others, can be used...