Coefficients of linear regression model

Reference no: EM1396578

1) How is correlation analysis used in a business decision?

2) What is the standard error of estimate? Describe with an example.

3) What are the coefficients of the linear regression model and what do they mean? What are the various statistics reported in a regression output?

4) How do outlying observations affect regression analysis?

Reference no: EM1396578

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