Regression line - correlation regression analysis, Operation Research

Assignment Help:

Regression Line

The line  of regression  is the  line  which give the best  estimate  to the  values  of one  variable  for any  specific  values  of other  variable.

For two  variables  on regression  analysis there  are two  regression lines. One line as  the regression of X and Y and the other  for regression of Y and X , these  two regression lines  show  the average  relationship  between  the two  variables. The regression  line  of Y on X gives  the most  probable  values  of Y for given values of X  and the  regression  lien of X and Y gives  the most  probable  values  of X for  given  values  of Y.

For  perfect correlation  positive  or negative i ,e, for r= ± the  two lines  coincide i, e,  we will  find only  one straight line. If  r= 0 i, e,  both the variance  are independent then the two  lines will  cut each  other are  a right  angle. In  this case  the two  lines will  be parallel  to x and  y axes. (see figure).


Related Discussions:- Regression line - correlation regression analysis

formulate the optimality equations, Each day you own 0 or 1 stocks of cert...

Each day you own 0 or 1 stocks of certain commodity. The price of the stock is a stochastic process that can be modeled as a Markov chain with transition rates as follows

OR, what is operation research an management decision making

what is operation research an management decision making

Decision analysis models, These models deal with the selection of an opt...

These models deal with the selection of an optimal course of action given the possible pay offs and their associated probability of occurrence. These models are broadly

one tailed test diagrams - hypothesis testing, Normal 0 false ...

Normal 0 false false false EN-IN X-NONE X-NONE

Conflicts of interest and related change in medical research, Conflicts of ...

Conflicts of Interest and Related Change in Medical Research The significant increase in private industry drug studies has spawned three other changes in medical research: med

Shubham, what is the job scope in or?

what is the job scope in or?

Lpp, A paper mill produces two grades of paper viz., X and Y. Because of ra...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Characteristics - probability distribution , Characteristics a. Discr...

Characteristics a. Discrete Distribution: Like  binomial  distribution it is  also a  discrete probability  i e,  occurrences can be  described  by a random  variable. b.

Innovation.., identify a new technological innovation not yet commercialize...

identify a new technological innovation not yet commercialized (e.g., house cleaning robotic). What are the product''s features? In your paper, explain how that technological innov

Sampling techniques, discuss and explain both probability and non probabili...

discuss and explain both probability and non probability sampling techniques.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd