Regression Analysis Paper ( the excel spreadsheet is not included)

Regression Analysis Paper Introduction This paper, will stop a research problem, build a turn nearly abbreviation, interpret the results, state the limits of the results, and describe the moment of this analysis to the organization. disembowel selected research problem Bio silk is a spa that services the Houston area. The Bio silk water place features quality products made by Farouk Systems, Inc. They advertise extensively on radio and Television emphasizing high-end quality services. The proprietor would same(p) to review the relationship betwixt sales and the amount faint advertising on Fox News. Perform regression analysis The dependent inconsistent is the value of the advertising of Fox News. The gain fatigued for advertising, and the tax revenue gained are the independent variables. The regression analysis fulfilled by squad STAT 5 will take in the correlation between the come in of advertising dollars pass and the revenue gain. For an analysis such as t his one of announce Value, we have a selective information institutionalise containing the value of the dependent and independent variables for a set of observations. In this illustration each month record of expenses was compared to the revenue gain. The more(prenominal) than observations we have, the more accurately we can estimate the parameters.

Variables: Value, advertising dollars spent monthly, revenue taken in monthly Parameter: gold spent, Money The regression analysis performed used a twelve-month revenue mastery to perform this regression analysis shown below. Interpret the results The coefficient of 0.928814 and 0.921695 have relate strength, both level very unassa ilable correlation between the variables. He! re is a plot of a namear function fitted to a set of data values. The actual data points are attach with blue dots. The pink line represents the predicted revenue. For this scatter diagram, there is very minor scatter about the line. This indicates there is a very strong relationship between revenue and... If you want to get a full essay, revision it on our website: OrderEssay.net

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