Tuesday, July 28, 2009

Can someone give me an example of of a probelm w/c relates to regression and correlatio?

pls..............this is the information:





can be conducted in a campus or in a town that regression and correlation can be use to solve it...............pls....i need your help..........

Can someone give me an example of of a probelm w/c relates to regression and correlatio?
ask your favorite restaurant to give you daily sales figures for a month. call the days of month the set X={1,2,....,29,30} and the sales figures for each day the set Y={$day1,$day2,...,$day30}. caluculate r to see if there is a relation between day of the month and sales amount. if r is near 1 then use regression to find the line of best fit that will predict sales amounts for a given day


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