Business analysts can use regression to assess the relationship between variables and to predict future dependent-variable outcome
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Business analysts can use regression to assess the relationship between variables and to predict future dependent-variable outcome values based on a given independent variable. For the following scenarios, identify the independent and dependent variables for a regression analysis.
a. UPS wants to determine if weather affects on-time delivery.
b. PwC wants to know if age is related to employee turnover.
c. Home Depot wants to know the expected resolution time for a given level of IT service desk tickets
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Related Book For
Introduction To Business Analytics
ISBN: 9781265454340
1st Edition
Authors: Vernon Richardson, Marcia Watson
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