This week's discussion is about correlation and regression concepts. Use the internet to find a website...

This week's discussion is about correlation and regression concepts. Use the internet to find a website that shows an example or application of correlation or regression in an area of interest in your personal or professional life. Discuss how correlation or regression was used, summarize your findings, and share them. Be sure to include the independent and dependent variable – discuss the impact/relevance of the independent variable.

Expert Solution

orchestra answered 2 years ago

This week's discussion will require a little research. Find a Internet search for "how to lie...

This week's discussion will require a little research. Find a Internet search for "how to lie with statistics." In addition to many references to Darrell Huff's classic book How to Lie with Statistics, you will find sites that explain how to use statistics to mislead your audience. Find an article that interests you and report on your findings. Provide several examples and include appropriate references. Why do you think that statistics are sometimes used to give misleading information?

For this week's discussion I want you to find a study that uses linear regression and...

For this week's discussion I want you to find a study that uses linear regression and a line of best fit. What is the Correlation Coefficient? What conclusions can you make about the data? Is there a correlation and how strong is it? Post your study and your findings and then read your classmates studies and findings; respond whether you agree or disagree with their findings.

Discussion Prompt 2: Correlation and Regression Correlation and regression are two important terms in statistics. Select...

Discussion Prompt 2: Correlation and Regression Correlation and regression are two important terms in statistics. Select an area that interests you and use it to answer the following: Explain the difference between correlation and regression using examples Explain the different types of regression using examples

In this discussion, you will apply the statistical concepts and techniques covered in this week's reading...

In this discussion, you will apply the statistical concepts and techniques covered in this week's reading about correlation coefficient and simple linear regression. A car rental company wants to evaluate the premise that heavier cars are less fuel efficient than lighter cars. In other words, the company expects that fuel efficiency (miles per gallon) and weight of the car (often measured in thousands of pounds) are correlated. Performing this analysis will help the company optimize its business model and charge...

Intro Discussion and Questions- Regression and Correlation: How does correlation analysis differ from regression analysis? What...

Intro Discussion and Questions- Regression and Correlation: How does correlation analysis differ from regression analysis? What are the goals of each? What does the correlation coefficient r measure? Be specific. What values can it take on? What do the values indicate? What values can the coefficient of determination take on? What does it measure? What are some of the limitations of simple linear regression? Describe the equation for multiple linear regression; be sure to clearly define all of its parts....

This week's topic of discussion will be "Does Correlation mean Causation?" Review datasets of your choice...

This week's topic of discussion will be "Does Correlation mean Causation?" Review datasets of your choice from Blackboard or from textbook (Discovering statistics using IBM SPSS Statistics 5th edition, chapter 8) and look at highly correlated variables. Explain why (or why not) one variable does not explain the outcome of the other even when they are highly correlated?

Determine and interpret the linear correlation coefficient, and use linear regression to find a best fit...

Determine and interpret the linear correlation coefficient, and use linear regression to find a best fit line for a scatter plot of the data and make predictions. Scenario According to the U.S. Geological Survey (USGS), the probability of a magnitude 6.7 or greater earthquake in the Greater Bay Area is 63%, about 2 out of 3, in the next 30 years. In April 2008, scientists and engineers released a new earthquake forecast for the State of California called the Uniform...

In this week's lecture we discussed multiple concepts related to emotions. For this discussion, discuss your...

In this week's lecture we discussed multiple concepts related to emotions. For this discussion, discuss your thoughts about the relationship between emotions and consciousness.

Go to the FASB website and access the FASB Concepts Statements and use the IASB website...

Go to the FASB website and access the FASB Concepts Statements and use the IASB website to respond to the following items. The concepts statements provide several examples in which specific quantitative materiality guidelines are provided to firms. Identity at least two of these examples. Do you think the materiality guidelines should be quantified? Why or why not?

apply the statistical concepts and techniques covered in this week's reading about hypothesis testing for the...

apply the statistical concepts and techniques covered in this week's reading about hypothesis testing for the difference between two population proportions. In the previous week's discussion, you studied a manufacturing process at a factory that produces ball bearings for automotive manufacturers. The factory wanted to estimate the average diameter of a particular type of ball bearing to ensure that it was being manufactured to the factory's specifications. Recently, the factory began a new production line that is more efficient than...

Question