We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Statistics 401 Mod 4 Case - Regression Analysis - Coursework Example

Comments (0) Cite this document
Summary
Statistics Name Institution A scatter plot is a graph on which scattered points are plotted based on their X and Y values. The X-values are variables which match with their corresponding Y-values variables and hence designate a specific point on the graph…
Download full paperFile format: .doc, available for editing
Polish This Essay92.9% of users find it useful
Statistics 401 Mod 4 Case - Regression Analysis
Read TextPreview

Extract of sample
"Statistics 401 Mod 4 Case - Regression Analysis"

Download file to see previous pages In some cases, the scattered plotted points do form a pattern that resembles a straight line. These points all scatter around single straight line which is termed as the line of best fit. On drawing the line of best fit, it has a linear equation of the form y= mx + c. The equation can be used to predict the corresponding values of the X- variables or the Y- variable given the values of the Y- variables or the X- variables respectively. I inserted the data in the excel file in an effort to compute a scatter plot. By so doing, I made X to be the interest rate expressed as a decimal (e.g., 5% = 0.05). At the same time, I made Y to be the Housing Starts. This led to a scatter plot as shown in the graph below. It The regression equation that I computed as shown in the graph is:- y = 13357x – 12607 This is a linear equation or an equation of the straight line. The equation does indeed have the form Y = m*X + B, were Y is the number of starts, and B is the regression constant. B is the hypothetical value of Y when X = 0.  In accordance to the nature of this problem, It sure does make a practical sense. The equation is very useful in making predictions of the corresponding values of the variables given the other corresponding piece. ...
The fact that the scatter plot so formed has a line of best fit with a linear equation confirms that indeed there is a relationship between the Housing stats and the interest rates. Given one of the values, the corresponding value can be easily predicted using the shared relationship. I Used the regression equation found above to calculate what the approximate number of housing starts would be at the following interest rates: 8.5%, 4.5%, 3.7%, 2.3%. This is sown in the computations below. I understood perfectly that I would not simply "guess" values, based on the historical data that was given.  That is clearly wrong. I also understood that I ought not have used linear interpolation between the historical data values; that's also wrong. I saw to it that I rounded off estimates of starts to the nearest whole number.  This is because a house-building project either starts in a given month, or it doesn't.  Therefore, it makes no sense to talk about fractions of a start. X= 8.5 = 0.0885 y = 13357x - 12607 =(13357*8.85) – 12607 = 105602.45 = 105602 X= 4.5 = 0.045 y = 13357x – 12607 =(13357*4.5) – 12607 = 47499.5 = 47499 X= 3.7 = 0.037 y = 13357x - 12607 =(13357*3.7) – 12607 = 36813.9= 36813 X= 2.3 = 0.023 y = 13357x - 12607 =(13357*2.3) – 12607 = 18114.1 = 18114 If I were the owner of a business in the housing construction sector and I knew how interest rates were likely to change, I would use this information very effectively to make better decisions. The housing construction sector is a business venture where the risks involved are rather very huge. It involves the investment of a lot of money and this puts the investor in a lot of danger of losing a large sum of money all at once. This calls for a proper ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Statistics 401 Mod 4 Case - Regression Analysis Coursework”, n.d.)
Retrieved from https://studentshare.org/statistics/1482848-statistics
(Statistics 401 Mod 4 Case - Regression Analysis Coursework)
https://studentshare.org/statistics/1482848-statistics.
“Statistics 401 Mod 4 Case - Regression Analysis Coursework”, n.d. https://studentshare.org/statistics/1482848-statistics.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Statistics 401 Mod 2 Case - Hypothesis Testing 1
The resulting organism is called “genetically modified” or “genetically engineered” product. The characteristics of genetically modified products are different from the characteristics of non-modified products. In 1994, Food and Drug Administration gave approval of the first GM food – Flavr Savr tomato.
3 Pages(750 words)Coursework
Statistics 401 Mod 3 Case - Hypothesis Testing 1
This is a subject of debate and whether or not it is true is yet to be determined. However, bearing in mind the trouble that has to be undertaken to see to it that a plant grows as a GM and also with the possibility of health hazard at hand; the question that follows is whether or not these GM crops bear a significantly different quantity of yield from the NGM.
3 Pages(750 words)Coursework
Statistics 401 Mod 3 SLP - Hypothesis Testing II
It is computed by summing up the stocks then dividing the sum by a divisor. This divisor changes from time to time based on trading activities but it is currently at 0.132129493. A hypothesis is an assumed conclusion to a study right before the actual study or experiment is done.
3 Pages(750 words)Coursework
Statistics 401 Mod 4 SLP - Regression Analysis
In an effort to establish this, I formed a simple regression in excel to try and put the presumption verses factual nature of the issue to rest. I related the variable values of SAL and the variable values of the DJIA. In say a typical line graph, the values of these variables in my opinion would form a pattern when plotted on the graph that can be pinned down to a specific mathematical formula.
3 Pages(750 words)Coursework
Statistics 401 Mod 5 Case - Multiple Regression Analysis
38.1 16832.4 9.216641 7.03E-06 117060.6 193215.7 117060.6 193215.7 Interest Rate -1203318 141354.8 -8.51275 1.34E-05 -1523085 -883552 -1523085 -883552 Price Per Board Foot -17836.8 9105.462 -1.95891 0.081788 -38434.7 2761.226 -38434.7 2761.226 Multiple regression analysis is a data analysis procedure which is used to establish the relationship between a given variable and a set of other two variables.
4 Pages(1000 words)Coursework
Multiple Regression
Below is the data that I have been collecting to date. SEX AGE SAL (K) EDU 1 39 23 14 2 29 33 16 2 18 32 16 1 21 54 12 1 50 48 18 2 49 37 16 1 62 70 15 2 23 23 12 1 20 36 13 1 30 35 14 2 32 21 11 1 48 55 16 There is a difference between simple regression and multiple regression.
2 Pages(500 words)Coursework
MGT499 Mod 2 Case - Strategic Management External Analysis
D. (2011). Many organizations in the transportation and manufacturing sector have developed different missions and visions for their operations and business. Therefore, the desire to have a wider marketing platform for their products especially the Harley-Davidson Corporation in the United States of America has produced different marketing and operations strategies in order to maintain its optimum market share and client bases.
5 Pages(1250 words)Coursework
MGT499 Mod 3 Case - Strategic Management: External Analysis and SWOT
The company has come across and made use of opportunities that encourage it to move forward in the business despite it also facing some major setbacks. For Harley Davidson Motorcycle Company there are several opportunities that have presented themselves to the company to promote its continued growth in the ever so competitive motorcycle industry.
5 Pages(1250 words)Coursework
MGT499 Mod 4 Case - Strategic Management: Internal Analysis and SWOT
Harley Davidson designs, manufactures, and sells heavyweight motorcycles. The company markets its products in North America, Europe, Asia pacific and Latin America. This company offers 30 models geared towards custom and touring Harleys across a global network which has more than 1600 dealers spread across 6 continents, (Taylor, 2012).
5 Pages(1250 words)Coursework
Unit 4 Case Study Assignment: Performing a Cost Benefit Analysis
The information informs their decision on whether to purchase a particular item or execute a certain project. The paper gives a cost-benefit analysis of Nissan Versa car model and Nissan SUV model. The goal of the study
1 Pages(250 words)Coursework
Let us find you another Coursework on topic Statistics 401 Mod 4 Case - Regression Analysis for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us