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

Narrowing the research problem, NARROWING THE RESEARCH PROBLEM You h...

NARROWING THE RESEARCH PROBLEM You have read how from a general topic we have arrived at the definition of the problem to be studied. Now we have to narrow it down furthe

35mm slider -report writing presentation , 35mm Slider  35 mm Slider l...

35mm Slider  35 mm Slider like OHP transparencies casts  an images but they  have different  uses and  properties. They are used  to show an actual photographic  images in the

Scope, write the scope of operation research

write the scope of operation research

Question, A paper mill produces two grades of paper viz., X and Y. Because ...

A paper mill produces 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 i

Explain the competitive environment of a company, 1) Provide an overall des...

1) Provide an overall description of the business and the competitive environment in which it operates.  You should describe: a) what type of business it  is (e.g. retail, manuf

Regression Analysis, regression line drawn as Y=C+1075x, when x was 2, and ...

regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

DECISION MODELS, CRITICAL EXAMINATION OF THE APPLICATION OF DECISION THEORY...

CRITICAL EXAMINATION OF THE APPLICATION OF DECISION THEORY TECHNIQUES OR MODEL IN BUSINESS DECISION MAKING IN NIGERIA

ASSIGNMENT ANSWER, Six Operators are to be assigned to five jobs with the c...

Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment

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