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

De, describe the similarities and differences of transportation and linear ...

describe the similarities and differences of transportation and linear programing methods

Operation Research, Significance & scope of operation research in modern ma...

Significance & scope of operation research in modern management

Find out where you should now invest your money, Question : Suppose tha...

Question : Suppose that you want to invest $10000 in the stock market by buying shares in one of two companies: A and B. Shares in Company A are risky but could yield a 50% ret

OPERATIONS RESEARCH, Discuss the methodology of operation research

Discuss the methodology of operation research

Inventory Control Model, 1. A local university purchases exercise books to ...

1. A local university purchases exercise books to give to their students. Instead of a fixed unit cost, their supplier quotes the following discount pricing: Order quantity Unit P

Unit 8, undertake the proposed research investigation in accordance with th...

undertake the proposed research investigation in accordance with the agreed specification and procedures

Action phase - phase of operation research, The action phase consists of ...

The action phase consists of making recommendations for remedial action to those who first posed the problem and who control the operations directly. These recommendatio

Linear programing, Solve the following Linear Programming Problem using Sim...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Linear Programming Problem, A paper mill produces two grades of paper viz.,...

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

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