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Correlation and Regression
CORRELATION is an important statistical concept which refers to association or interrelationship among variables.
The reasons of studying correlation is for one to be capable to establish a relationship, plan and control the inputs as independent variables and the output as dependent variables
In business one may be interested to establish whether there exists a relationship among the
i. Amount of fertilizer applied on a described farm and the resulting harvest
ii. Amount of experience one has and the corresponding performance/presentation
iii. Amount of money spent on advertisement and the expected incomes after sale of the goods or service
There are two methods which measure the degree of correlation among two variables these are denoted by R and r.
Noah is renewing a magazine subscription. one package offers to renew the magazine for 3 years for 26$. A second package offers to renew the magazine for 5 years for $38
Let g be a function from the set G = {1,2,3,...34,35,36). Let f be a function from the set F = {1,2,3,...34,35,36}. Set G and F contain 36 identical elements (a - z and 0 - 9).
how to calculate the npv
Consider the following two polynomials in F 17 [x] (a) Use Karatsuba's algorithm, by hand, to multiply these two polynomials. (b) Use the FFT algorithm, by hand, to
A real estate agent makes a 1.5% commission on her sales. What is her commission if she sells a $359,000 house? Multiply $359,000 by the decimal equivalent of 1.5% (0.015) to ?
a) Complete the inventory record below for an FOQ of 100 units. b) Talk about weaknesses of MRP. List at least 3 and describe each in a sentence or two. Item: A
Determine whether the following numbers are odd or even: Examples: Determine whether the following numbers are odd or even: 364, 1068, & 257. Solution: 1.
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Calculate the area and perimeter of a square: Calculate the area and perimeter of a square with w = 5´ and l = 6´. Be sure to involved units in your answer. Solution:
Peter was 60 inches tall on his thirteenth birthday. By the time he turned 15, his height had increased 15%. How tall was Peter when he turned 15? Find 15% of 60 inches and add
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