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, Meaning of Linear programming problem and explanation o...

Meaning of Linear programming problem and explanation of graphical method of solving Linear Programming Problem

RJR NABISCO, WOULD YOU RECOMMEND FOCUS GROUPS OR SOME OTHER RESEARCH DESIGN...

WOULD YOU RECOMMEND FOCUS GROUPS OR SOME OTHER RESEARCH DESIGN IN THIS SITUATION

Linear programming, Meaning of Linear programming problem and explanation o...

Meaning of Linear programming problem and explanation of graphical method of solving Linear Programming Problem

Verification of hypothesis, Analysis of Available Information and Verific...

Analysis of Available Information and Verification of Hypothesis: most of the time that a scientist spends in training is devoted to learning how to analyze and int

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

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

Significance, significance of operation research in modern management

significance of operation research in modern management

Scope and concept, Explian scope and concept of Operations research?

Explian scope and concept of Operations research?

Medical industry payments to physicians, Medical Industry Payments to Physi...

Medical Industry Payments to Physicians The relationships between physicians and medical related companies in the United States, generally acknowledged to be familiar given th

CORE TECHNOLOGY TO WATCH IN FUTURE, AI TECHNOLOGY''S CURRENT AND POTENTIAL ...

AI TECHNOLOGY''S CURRENT AND POTENTIAL FUTURE APPLICATIONS

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