Question: What should you do if, before doing a regression, you discover that your scatter plot looks like the picture below? Do logististic regression. Add an

What should you do if, before doing a regression,
What should you do if, before doing a regression,
What should you do if, before doing a regression, you discover that your scatter plot looks like the picture below? Do logististic regression. Add an exponential term to the regression equation. Add a squared term to the regression equation. Do hyperbolic regression. Add a square root term to the regression equation

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 General Management Questions!