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Discussion question - Research Paper Example

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I completely agree with your response except one thing that you said about regression analysis “If the line passes exactly through every single point on the scatter plot, then it can be best fit line by  explaining all of the variation.” This is because a regression model…
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Download file to see previous pages I liked your second paragraph where you said how we can test if the regression line best represents the data using hypothesis test. Here, also I like to mention that it is possible that correlation (or regression) is significant; however, the value of R-squared is not close to one that is the regression line does not best represent the data. This is because as the sample size, n increases the critical value of r (or t) decreases. For ...Download file to see next pagesRead More
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