30 Jul Describe How Basic Linear Correlation And/Or Regression Analysis Is (Or Could Be) Applied In Your Work Or Life Environments …
Describe how basic linear correlation and/or regression analysis is (or could be) applied in your work or life environments. Define the dependent and independent variables. You do not need to collect data and actually conduct the correlation or the regression calculations unless you wish to do so. Suppose that the resulting correlation coefficient for your example is 0.8 — what could you conclude from this result? Suppose that the resulting correlation coefficient for your example is -0.65 — what could you conclude from this result?
Describe how multiple correlation and/or regression analysis is (or could be) applied in your work or life environments. Define the dependent and independent variables. You do not need to collect data and actually conduct the correlation or the regression calculations unless you wish to do so. However, if you do not actually conduct an analysis, please speculate on the strength and direction (value and algebraic sign) of the coefficients for each of your independent variables. If you do actually conduct an analysis, please interpret the strength and direction of the coefficients for each of your independent variables.
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