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Linear Regression
Generally, in two mutually related statistical series, the regression analysis based on graphic method. Under graphic method the values of X and Y variable are plotted on a graph paper in the form of a scatter Diagram .When two lines are drawn passing nearest to the dots, these are known as regression line. If these lines are straight, the regression is called as linear. The equations of these straight regression lines are called equations of the first degree. Regression equation of y on x : y =a+bX and regression equation of X and y:x =a+by. If these regression lines take the form of smooth curve, the regression will be called as curvilinear.
merits and demerits of methods to determin trends
Regression Coefficient While analysing regression in two related series, we calculate their regression coefficients also. There are two regression coefficients like two regress
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Problem : A company supplying electrical products, places a rush order for electric wires. Consignments of wires are to be sent immediately when they are available. Previous
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Waht is the product of £ x
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