Relationship or case of fortuitous correlation

Reference no: EM1396552

1. Please describe a situation in which a correlation analysis or regression analysis could contribute to a better decision. The situation can be from a work, of general interest, or experienced in private life.

2. Please describe a situation in which correlation analysis or regression analysis can be (or was) misused to explain cause and effect relationship or a case of fortuitous correlation.

Reference no: EM1396552

Questions Cloud

Estimate of the standard deviation : sketch a histogram showing the population distribution - locate value of the population mean in your sketch and make an estimate of the standard deviation.

Define stable equilibrium in population genetics : Define stable equilibrium in population genetics. Describe the kind of data that you would need to collect about a population to conclude that it is in a stable equilibrium.

Describe the roles of the world bank : Describe the roles of the World Bank (WB), International Monetary Fund (IMF), also World Trade Organization (WTO) in the acceleration of globalization.

How does the fluid circulate without one or more pumps : The branching gastro vascular cavity of cnidarian and Platyhelminthes: Do these animals have distinct boundary organs? Compare and contrast the basic body plan of these animals? How does the fluid "circulate" without one or more pumps? Explain why..

Relationship or case of fortuitous correlation : which a correlation analysis or regression analysis could contribute to a better decision. The situation can be from a work, of general interest, or experienced in private life.

Define antigen and chemical characteristics of antigens : The definition of antigen and the chemical characteristics of antigens, The definition of antigen and the chemical characteristics of antigens, haptens and how they become antigenic.

Computational formal to compute sum of square : use two sums from part A and the computational formal to compute sum of square (SS)for the scores.

Evaluate product strategies product life cycles : Evaluate product strategies, product life cycles also product identification, also determine which is the most important to get right. Elucidate your rationale.

Explain the conflict between the use of nuclear technology : Choose one of the positions below and defend it. Explain the conflict between the use of nuclear technology to make the atomic bomb, and the benefit of nuclear physics to cancer therapy.

User Account

All Pages