Correlation and regression, Basic Statistics

Assignment Help:

The square of the sample correlation coefficient is typically denoted r2 and called the coefficient of determination. It estimates the fraction of the variance in Y that is explained by X in a simple linear regression. So if we have the observed dataset {y1,...yn} and the fitted dataset {f1,...fn}, and we denote the fitted dataset {f1,...fn} with {y1,...yn}, then as a starting point the total variation in the Yi around their average value can be decomposed as follows

Related Discussions:- Correlation and regression

Adjusted present value, what is base case NPV?

what is base case NPV?

Accounting equation, received security deposits from tenant how does it wil...

received security deposits from tenant how does it will be shown in accounting equation

Calculate a forecast using exponential smoothing, The Midwestern Manufactur...

The Midwestern Manufacturing Company (MMC) is a large manufacturer of electrical generators. The firm has experienced demand for their generators as shown below: Year Demand

Stistics, what are the function of statistics in business onganizations?

what are the function of statistics in business onganizations?

What is hurdle rate, What is hurdle rate? In investment spending budget...

What is hurdle rate? In investment spending budget, challenge amount is the minimal amount that an organization desires to earn when getting a venture. Hence the challenge amou

Sampling distribution, The heights of a large population of adult females w...

The heights of a large population of adult females who play basketball are normally distributed with a mean of 175cm and a standard deviation of 7.5cm. (a) what proportion of this

Find out the present value, The present value (price) formula for a coupon ...

The present value (price) formula for a coupon bond is: PV = C/(1+i) + C/(1+i) 2 + ... + C/(1+i) n + F/(1+i) n Part a The present value (price) formula for a zero cou

Management accounting, how cost classification can helpful for planning, co...

how cost classification can helpful for planning, controlling and decision making

Time series, discuss the nature and causes of the components of an economic...

discuss the nature and causes of the components of an economic time series?

Absorption costing, how do i prepare an income statement for absorption cos...

how do i prepare an income statement for absorption costing?

Write Your Message!

Name

Email id

Message

Verfication Code

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages