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Problem: Concepts Research
Instructions
I. Using a search engine or in the virtual library database, conduct research taking into consideration the following concepts:
1. Scatter plot or dispersion diagram2. Correlation coefficient3. Simple linear regression4. Dependent variable5. Independent variable6. Regression line
II. Explain the assumptions of the simple linear regression model.
III. Explain the usefulness of the scatter plot as a possible start to develop a simple linear regression model.
IV. Explain what the standard error of estimate measures in the simple linear regression model.
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