VCSA_Assignment_Template.docx - 1 Week 5 VCS Alternative...

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1 Week 5 VCS Alternative Assignment Tifany Lestari Westcliff University BUS 606: Advanced Statistical Concepts and Business Analytics Javad Shakib June 6, 2021
2 Week 5 VCSA Assignment The intent of this paper is to cover the content review of the class I had missed last Wednesday and provide some original insight on the topic at hand, which covers linear regression. The materials covered in class encircles around simple linear regression: mathematical functions, terminologies and how to calculate through excel, which would aid our activity 3 and professionally develop a new skill. Main Class Content Review Throughout the class (week 5), Professor Shakib covered and discussed simple linear regression ranging from the variables it contains, the formula required to understand and how to create a line or graph as shown in slide 8. Moreover, Professor Shakib also goes over an example that shows positive correlation between independent and dependent variable. Professor Shakib then move on and explains simple coefficient of determination (r 2 ) including what we should understand when we see this in excel. Professor Shakib also teaches us how to utilize excel data analysis function for regression analysis and uses several examples, which will be provided below as I follow the exercise conducted in class. Classmates Thoughts and Overviews Review “Linear regression and its variants have been widely used for classification problems” (Peng et al, 2017). Throughout the class, my classmates provided some insights and answers on the regression analysis that Professor Shakib has taught us. At the end of the class, most of my

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