Regression line - correlation regression analysis, Operation Research

Assignment Help:

Regression Line

The line  of regression  is the  line  which give the best  estimate  to the  values  of one  variable  for any  specific  values  of other  variable.

For two  variables  on regression  analysis there  are two  regression lines. One line as  the regression of X and Y and the other  for regression of Y and X , these  two regression lines  show  the average  relationship  between  the two  variables. The regression  line  of Y on X gives  the most  probable  values  of Y for given values of X  and the  regression  lien of X and Y gives  the most  probable  values  of X for  given  values  of Y.

For  perfect correlation  positive  or negative i ,e, for r= ± the  two lines  coincide i, e,  we will  find only  one straight line. If  r= 0 i, e,  both the variance  are independent then the two  lines will  cut each  other are  a right  angle. In  this case  the two  lines will  be parallel  to x and  y axes. (see figure).


Related Discussions:- Regression line - correlation regression analysis

Linear programming problem, a paper mill prodecs two grades of paper viz., ...

a paper mill prodecs two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper in

Purchasing, need of detailed information about the topic

need of detailed information about the topic

Cpm/pert, how to make an attractive assignment

how to make an attractive assignment

Cost- sampling decisons, Cost The  cost factor  is a very  importan...

Cost The  cost factor  is a very  important  factor in determining  the size of the  sample. The budget for research should be properly  decided. The management may not lik

Probability and non probability sampling , Probability and Non  Probability...

Probability and Non  Probability Sampling The following s are some  of the  considerations for the  selection  of probability  an non  probability  sampling. 1.Sometimes p

Linear pograming, application area of linear programing problem

application area of linear programing problem

Set of pareto optimal policies, Problem: A policy maker is considering seve...

Problem: A policy maker is considering several policy options that lead to different utility levels of different individuals a) Which Policy is would be optimal according t

Construction of a mathematical model, The 2 nd phase of operations Resear...

The 2 nd phase of operations Research is to construct a mathematical model representing the system under study. It requires the identification of both static and dynam

What do you understand by customs duty, Question 1 What do you understa...

Question 1 What do you understand by customs duty? Explain the taxable events for imported, warehoused and exported goods. List down the types of duties in customs. An importer

Models, what is similation model as a type of mathematical models

what is similation model as a type of mathematical models

Write Your Message!

Captcha
Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd