Question: Can someone please advise step by step how I would calculate a regression equation, r, and R 2 for this data below? using your actual
Can someone please advise step by step how I would calculate a regression equation, r, and R2 for this data below?
using your actual scores for Weeks 1, 2, 3, and 4 and your forecast values, calculate a regression equation, r, and R2 for this data.
Week 1:
Forecasted Grades Actual Grades
40 35
35 35
15 15
15 15
Week 2:
Forecasted Grades Actual Grades
35 35
15 15
15 15
Week 3:
Forecasted Grades Actual Grades
35 35
70 70
15 15
15 0
Week 4:
Forecasted Grades Actual Grades
35 33
15 10
15 15
Please answer the following questions from your data
Question 1: What data did you use in your regression equation? Which is the independent and dependent variable?
Question 2: What is the regression equation, r, and R2for your data
Question 3: Statistically, what does r and R2tell you?
Question 4: Based on your empirical evidence, how well did you forecast your results? Justify your response.
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