Question: Describe how you could use regression analysis to help make a decision in your current job, a past job, or a life situation. Include a

  1. Describe how you could useregression analysisto help make a decision in your current job, a past job, or a life situation. Include a description of the decision, what would be the independent and dependent variables, and how data could ideally be collected to calculate the regression equation.
  2. Describe a data set that you have encountered or could envision that would be applicable to your current job, a past job, or a life situation. Identify two (2) options forgraphically representingthose data to present to decision-makers, such a pie charts, time series, Pareto charts, histograms, etc. Assess the pros and cons of each graphical option.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!