At times we can generate a regression equation to explain outcomes. For example an employee s salary can often be explained by their pay grade appraisal rating education level etc. What variables might explain or predict an outcome in your department or life? If you generated a regression equation how would you interpret it and the residuals from itBUS 308 Week 5 DQ 2 RegressionAt times we can generate a regression equation to explain outcomes. For example an employee s salary can often be explained by their pay grade appraisal rating education level etc. What variables might explain or predict an outcome in your department or life? If you generated a regression equation how would you interpret it and the residuals from it?