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You already are familiar with these three function families.

Linear Function Families Quadratic Function Families Exponential Function Families
A coordinate grid is shown. Both the x and y axes extend from negative 5 to 5 in increments of 1. A linear function is shown, with the line having a y intercept of negative 1 and a slope of 2 over 3. A coordinate grid is shown. Both the x and y axes extend from negative 5 to 5 in increments of 1. A quadratic function is shown, with the parabola opening down having x intercepts at negative 2 and 3. The vertex is at approximately five tenths comma three and one tenth. A coordinate grid is shown. Both the x and y axes extend from negative 5 to 5 in increments of 1. An exponential growth function is shown, with an asymptote of y = 0.
y equals m x plus b y equals a x squared plus b x plus c y equals a times b to the power of x

Each function has a distinct look and pattern to it. Real-world situations will not repeat these patterns exactly. However, they can generally follow, or imitate, these patterns. We can find a linear, exponential or quadratic equation that best fits given data. We can then use the equations to make predictions and interpret the phenomena the data describes.

Explore this concept in the slideshow below. Visit the Glossary for definitions of bolded terms in the slideshow.

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Regression Analysis

Correctly analyzing data helps us make informative projections and estimates.