Question: In business, many processes and events affect one another.Simple linear regression analysis is a first step in the study of variable relationships.There are causes and

In business, many processes and events affect one another.Simple linear regression analysis is a first step in the study of variable relationships.There are "causes" and there are "effects."Regression analysis can't prove cause and effect but only whether variables are related to one another and how strongly.There are many types of mathematical relationships possible, but in this course we only consider linear relationships.This type of relationship is described in publisher Powerpoint Chapter 12

Instructions

Post an example of a practical application of regression analysis. Identify the independent and dependent variables and explain how regression analysis was used to predict the value of the dependent variable. Please provide details such as the statistical significance and coefficients of correlation and determination. This may either be an example from the media or one that you come up with; if you use a media example, please post a working link.

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