Linear regression-forecasting future conditions

Assignment Help Basic Statistics

Reference no: EM1397225

Most businesses use some form of linear regression in forecasting future conditions. Give an example of the use of regression analysis at your organization. What were the independent and dependent variables? How accurate were the estimates obtained from regression analysis? Do you feel that this is a valid method of estimating future conditions?

Reference no: EM1397225

Questions Cloud

Difference between the null and alternative hypothesis : Explain the difference between the null and alternative hypothesis. Which one can be proven in a statistical sense?

Calculate the percent of air : Calculate the percent (by volume) of air that would be displaced when all of theN2 (l) get evaporated. it is given that Liquid nitrogen has a density of 0.807 g/mL

Determine the ph of solution : Need to prepare a solution of 0.2 L 0.4 M then determine how many cm^3 of a solution of H2SO4 (sulfuric acid) 80.0%

How would dna replication be affected : How would DNA replication be affected if ligase were not available?

Linear regression-forecasting future conditions : Most businesses use some form of linear regression in forecasting future conditions. Give an example of the use of regression analysis at your organization. What were the independent and dependent variables?

Explain the value and application of the above research : Discuss some of the recent (within five years) and current research on Nutrition, Obesity, and Atherosclerotic Cardiovascular Disease.

Estimate parental chromosomes in the dihybrid male : Two dominant alleles in mice both affect the appearance of the tail. Shorty (S) produces mice with short tails and hairy produces mice with hairy tails.

Lengths of the burglary-uniformly distributed : A burglar plans his crimes so carefully that the lengths of the burglary are uniformly distributed between 50.0 and 52.0 minutes. Find the probability that a given burglary runs between 51.0 and 51.5 minutes.

How the bicarbonate buffering system can help buffer : Which process occurs as a result of an excess of CO2 in the blood? Why? Write the chemical reaction showing how the bicarbonate buffering system can help buffer against a change in pH.

User Account

All Pages