For your initial post, choose one of the following two prompts to respond to. Then in your two follow up posts,

For your initial post, choose one of the following two prompts to respond to. Then in your two follow up posts, respond at least once in each option. Use the discussion topic as a place to ask questions, speculate about answers, and share insights. Be sure to embed and cite your references for any supporting images.

Option 1:

Don't use plagiarized sources. Get Your Custom Essay on
For your initial post, choose one of the following two prompts to respond to. Then in your two follow up posts,
Just from $13/Page
Order Essay

Think of a problem dealing with two possibly related variables (Y and X) that you may be interested in. Share your problem and discuss why a regression analysis could be appropriate for this problem.

Specifically, what statistical questions are you asking? Why would you want to predict the value of Y? What if you wanted to predict a value of Y that’s beyond the highest value of X (for example if X is time and you want to forecast Y in the future)?

You should describe the data collection process that you are proposing but you do not need to collect any data.

Option 2:

Give an example of a problem dealing with two possibly related variables (Y and X) for which a linear regression model would not be appropriate. For example, the relationship could be curved instead of linear, or there may be no significant correlation at all.

What is the impact of using a linear regression model in this case? What options, other than linear regression, can you see? You do not need to collect any data.

For your response to a classmate (two responses required, one in each option), examine your classmate’s problem to assess the appropriateness and accuracy of using a linear regression model. Discuss the meaning of the standard error of the estimate and how it affects the predicted values of Y for that analysis.

Order your essay today and save 20% with the discount code: GREEN

Order a unique copy of this paper

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
Top Academic Writers Ready to Help
with Your Research Proposal
Live Chat+1(978) 822-0999EmailWhatsApp