Discuss what regression means in practical terms

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Reference no: EM133504790

Discussion Post: Simple Linear Regression

Complete Excel Exercise

Use Assignment Dataset [XLSX] Download Assignment 3 Dataset [XLSX] to do the following:

Question 1. Perform a simple linear regression with a dependent variable (cost) and an independent variable (age).
Question 2. Interpret the statistical significance and effect size of the regression coefficients.
Question 3. Discuss what regression means in practical terms.

Reference no: EM133504790

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