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Regression Analysis

09/08/2020 Client: arwaabdullah Deadline: 2 Day

Discussion Question,


Need 2 paragraphs with example and references. 




Let's find real-world examples of Regression Analysis, Pearson r's, and the related topics for this week.


We like a reference with each post.


Example:  Economists in my state are saying Florida's downward trending economy is highly correlated with the number of pandemic cases.


ww.sun-sentinel.com/coronavirus/fl-ne-cororna...




CO E - Assess best-fit simple or multiple regression models and determine their usefulness as predictors


CO F - Evaluate the application of statistical analyses in the real world


The key concepts this week shall include:



  • For a given value of x, interpret the 95% confidence interval and the 95% prediction interval.

  • Interpret the regression coefficient in terms of the problem, using a confidence interval and the p-value.

  • Identify and interpret the regression equation, and explain the meaning of the slope, intercept, correlation coefficient, and coefficient of determination of the regression line.

  • For a problem situation involving two variables, identify the dependent variable and the independent variable.

  • Assess the role of descriptive statistics in real world situations.


Refer to the starter questions/comments in the discussion to get our conversation on a roll. The topic this week is also a very useful one in the business world and one I hope you enjoy. 

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