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

C++ programs, C++ code for assignment problem

C++ code for assignment problem

What are the functions of a store manager, Question 1 Explain Pre-Store op...

Question 1 Explain Pre-Store opening activities and State at least 10 pre-store opening activities that should be ideally carried out in a retail store? Question 2 What ar

Dina, Construct a two-variable LP model that: · Maximizes Z; · ...

Construct a two-variable LP model that: · Maximizes Z; · All coefficients in the objective function are greater than 500; · Includes at least 5 constraints;

Important of demand forecasting, 1. Determination to enter a new territori...

1. Determination to enter a new territories. 2. To decide to enter a new market or not. 3. To determine how much production capacity to be builds up. 4. Helpful in

Inventory models - techniques of operations research, Inventory models deal...

Inventory models deal with the problem of determination of how much to order at a point in time and when to place an order. The main objective is to minimize the sum of three

Uses of standard deviation - measure of dispersion, Uses   of Standard D...

Uses   of Standard Deviation Normal 0 false false false EN-IN X-NONE X-NONE

Linear problem, A paper mill produces two grades of paper viz., X and Y. Be...

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

Optimization, Find a minimum cost spanning arborescence rooted,

Find a minimum cost spanning arborescence rooted,

Use of t -tables - hypothesis testing , Use of t -tables            ...

Use of t -tables            Similar  to normal  curve  tables  there  exist t- distribution  tables. However  whereas the properties of  the normal  curve are constant for all

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