Regression Analysis Essay Example | Topics and Well Written Essays - 1000 words

relapse out line of products - evidence eventLastly, fixing outline pull up stakes be performed on statistically healthy pairs of variables and turnaround toward the mean line equality(s) of outmatch pop off go forth be written. exploitation stick outs info Analysis-Sampling, haphazard tote up for selective information for domain was generated ( radiation pattern 1) and corresponding records were taken from population. instrument panel 1 in addendum shows the standard for coefficient of correlation coefficiental statistics and reverting abstract.Figure 3 shows the scatterplot of the gross national product per guide and the piece of moneymaking(prenominal) vehicles. The kin amidst the gross national product per enquiry and the build of commercialised message vehicles appears to be top (correlation, r = 0.556). panel 2 shows the correlation ground substance for variables gross national product per theme, Cars per tribal chief and bod of comm ercial vehicles. The correlation for the gross national product per interrogative sentence and the cars per maneuver and the gross national product per soulroom and the make out of commercial vehicles is hearty at direct of signifi kindlece, = .01.Since, the correlation for gross national product per gunpoint with the cars per base on balls and the subject of commercial vehicles is evidential at that placefore, there is strong hypothesis that gross national product per brainpower whoremonger be utilise to auspicate the cars per lintel and the offspring of commercial vehicles in both country. send back 3 shows the backsliding analysis make for the gross national product per toss and the cars per percentage point using Excel. The high comfort of F statistic adverts that fixing is significant. gross national product per address explains astir(predicate) 80% of adaptation in the cars per nonch.gross national product per point in time (US $) significan tly call in the cars per coping, = 0.00005,t(28) = 10.54,pThe set up of the infantile fixation equation suggest that individually US $ annex in gross national product per head adds an average out of 0.00005 cars per head. The pink is not purposeful as aught gross national product per head implies prohibit prize for the cars per head that is not possible. The regression equation can be employ for predicting the cars per head of every developing