Question: Your CEO is curious about simple regression and any tools that can be used to sort and analyze data. You have done some preliminary research
Your CEO is curious about simple regression and any tools that can be used to sort and analyze data. You have done some preliminary research and found the the shareware program, R or RStudio, has some features that the CEO might consider. The CEO wants your report by Sunday. You realize that you have some work ahead of you.
The following is the necessary information to complete this lab assignment.
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Deliverables
The deliverable for this lab is a Microsoft Word document, including information from your reading in Lesson 6.1: Data Analytics Tools and Lesson 6.2: Linear Regression Using R. Please review the video found in 6.2.1: Data Analysis with R Readings and Resources, on how R is used to find a relationship between two variables using simple regression.
Required Software
This lab will use the following Lab Resources.
- Virtual Lab Citrix (MS Word 2016 or 2019)
Use a personal copy of the software or access the Lab Resources located in the Course Resources page.
Step 1: Lab Preparation
Resources for this lab are located in the 6.2.1: Data Analysis with R Readings and Resources. Please review the video on how R is used to find a relationship between two variables using simple regression.
Step 2: Review Lab Video on R
- Your next step is to better understand some of the R commands that the video uses.
- List three commands that were used in the video and explain what each command does. You can pause the video when you find a command you want to use for your list. Save your document and use it to complete Step 3.
Step 3: Regression Memo
Identify, in a one-page memo, what you learned about simple regression and explain how it can be helpful in identifying relationships between variables. Also, discuss how the advantages of using simple regression could benefit the organization.
Step 4: Lessons Learned
Identify some key points that you found about regression and the application R, and explain why you found them interesting.
Step 5: Complete and Submit Work
Submit a Microsoft Word document that includes lab Steps 2, 3, and 4.
Step by Step Solution
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