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

Overview In business, many processes and events affect one another. Simple

Overview In business, many processes and events affect one another. Simple linear regression analysis is a first step in the study of numerical variable relationships. There are "causes" and there are "effects." Regression analysis can't prove cause and effect but only whether numerical 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 in which you: 1. identify the independent, predictor and dependent, predicted numerical variables, including units of measure; 2. explain how the regression analysis might be used

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