What is the procedure one would use to estimate a relationship between two variables using computer software and it's output? How would you interpret the results of a regression analysis and determine the usefulness of the model and the estimated coefficients?
We can used a Regression Analysis; This procedure is used to analyze the correlation... View the full answer
- can you elaborate on the usefuness of the estimated coefficients?
- Apr 02, 2018 at 2:07pm
- Rememberm the regression coefficient represent the as the value of a variable Y changes, when the value of X is changed for example if we have Y = 2X, if we increase by 2 X, Y is increased by 4
- Apr 02, 2018 at 5:59pm