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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.
practical application of standard error
Examples of grouped, simple and frequency distribution data
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There may be two values which occur with the same maximum frequency. The distribution is then called bimodal. In a bimodal distribution, the value of mode cannot be determined with
Betting on sporting events is big business both in the US and abroad. Consider, for instance, next winter’s American football tournament known as the Superbowl. Billions of dollars
Question: (a) Shale Oil, located in the island of Aruba, has a capacity of 600,000 barrels of crude oil per day. The final products from the refinery include two types of unle
Confirmatory factor analysis (CFA) seeks to determine whether the number of factors and the loadings of measured (indicator) variables on them conform to what is expected on the ba
A rightist incumbent (player I) and a leftist challenger (player C) run for senate. Each candidate chooses among two possible political platforms: Left or Right. The rules of the g
The incidence of occupational disease in an industry is such that the workers have a 20% chance of suffering from it. What is the probability that out of six workers 4 or more will
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