Basic formula of a line, Regression analysis works with the

Basic formula of a line

Reference no: EM1395802

1. Describe what an ANOVA test does. When would you use it and give an example.

2. Regression analysis works with the basic formula of a line, which is Y = mX + b. We can use it to look at causation. Think about the Lemonade Stand Game. Give an example of how you might use Regression Analysis, and include how you would "set up" the research problem to be examined.

Reference no: EM1395802

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