For your initial post, choose one of the following two prompts to respond to. Then in your two follow up posts, respond at least once in each option....
View the step-by-step solution to:

Question

For your initial post, choose one of the following two prompts to respond to. Then in your two follow up posts,

respond at least once in each option. Use the discussion topic as a place to ask questions, speculate about answers, and share insights. Be sure to embed and cite your references for any supporting images.

Option 1:

Think of a problem dealing with two possibly related variables (Y and X) that you may be interested in. Share your problem and discuss why a regression analysis could be appropriate for this problem.

Specifically, what statistical questions are you asking? Why would you want to predict the value of Y? What if you wanted to predict a value of Y that's beyond the highest value of X (for example if X is time and you want to forecast Y in the future)?

You should describe the data collection process that you are proposing but you do not need to collect any data.

Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes