Question

In: Statistics and Probability

Find an example of a regression or best fitting line from a popular press news source(e.g.,...

Find an example of a regression or best fitting line from a popular press news source(e.g., The Economist, Wall Street Journal, NY Times, etc.). Explain the two variables(X, the independent variable, andY, the dependent variable) that are being measured.What is the relationship the author/researcher is trying to explain with the best fittingline? Do you think there are any other variables that might explain more of the variationinY? Make sure to cite the article you select.

Solutions

Expert Solution

Another technique involves regression analysis, which estimates the strength of the relationship between a particular measure, such as school closure, and a metric, such as R, across all countries. Using a regression technique such as Lasso, for example, researchers can determine which measures reduce R most.

But all methods have limitations, says Haug. The Lasso method assumes that a given measure always leads to the same reduction in R over time, regardless of the country to which it was applied. This is one of the biggest challenges in learning lessons across multiple countries. Researchers want to be able to account for national quirks such as some countries’ greater prevalence of intergenerational households, which could accelerate spread. The Vienna team will eventually try to factor these different features directly into their models. For now, they will capture them all as a single variable that alters R for each country.

Without a vaccine or effective treatment, stopping transmission remains the only defense against COVID-19. Knowing the effects of each control measure is crucial to figuring out which ones can be safely altered or removed, says Petherick. “If we can learn what we should put in place and what works best so that we can stop the spread and also keep the rest of life going as best we can, I think that would be a huge contribution,” she says.

Dependent Variable - R

Independent variable - School Closure

Cited Article - https://www.nature.com/articles/d41586-020-01248-1

Yes, there are many variables which that might explain more of the variation in y, the dependent variable. Such as complete lockdown, Number of hospitals, etc.


Related Solutions

Look at the financial press (any reputable news source) to see the impact of news on...
Look at the financial press (any reputable news source) to see the impact of news on firm value. A company's decisions, remember, matter to many stakeholders, including shareholders. What are some companies that made decisions that lead to a positive or negative change in shareholder value? Why should the maximization of shareholder wealth be seen as the primary goal of the firm?
Find an example of a confidence interval in the news, scholarly source or medical journal. Summarize...
Find an example of a confidence interval in the news, scholarly source or medical journal. Summarize the article/study. Does the article/study include the sample size and the level of confidence used to create the confidence interval? Explain what the confidence interval means in the context of the news article or scholarly source. A recent article please that doesn't involve coffee.
Find a study that uses linear regression and a line of best fit. What is the...
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?
Find the linear regression equation (line of best fit), determine the correlation, and then make a...
Find the linear regression equation (line of best fit), determine the correlation, and then make a prediction. 1. The table below gives the amount of time students in a class studied for a test and their test scores. Graph the data on a scatter plot, find the line of best fit, and write the equation for the line you draw. Hours Studied 1 0 3 1.5 2.75 1 0.5 2 Test Score 78 75 90 89 97 85 81 80...
For this question, please find an article from a mainstream news source that covers the topic...
For this question, please find an article from a mainstream news source that covers the topic of Monetary policy which highlights the importance of the Monetary Policy as it impacts the determination of exchange rates and represent it using graphs. Please also include whether you believe the Coronavirus pandemic has impacted this effect. (Please use graphs to support your answer).
For this question, please find an article from a mainstream news source that discusses the effect...
For this question, please find an article from a mainstream news source that discusses the effect of Monetary Policy on the basic model for the entire economic system and please provide your opinion regarding how the Coronavirus pandemic has impacted this effect. (Please use graphs to support your answer).
Instructions: Find an article from an online news source, illustrating a change in price or quantity...
Instructions: Find an article from an online news source, illustrating a change in price or quantity in some market. Analyze the situation using economic reasoning. If you want to use something related to COVID-19, that is totally fine As a warning, avoid advertisements because they contain too little information for this exercise. Also, be wary of commodity and financial markets unless you have a good understanding of the particular market. Markets for ordinary goods and services are most easily analyzed....
Find the equation of the 95% confidence line from given data in EXCEL (above regression line):...
Find the equation of the 95% confidence line from given data in EXCEL (above regression line): X VALUES: The equation is supposed to not be linear and be to a power of a constant in the equation.If you can figure out that part its ok. Just need the equation/picture of the data, and equation for graph. Will rate highest for good answer 0.232 0.122 0.241 0.148 0.022 0.165 0.182 0.164 0.077 0.104 0.191 0.032 0.13 0.08 0.132 0.021 0.118 Y...
Find a recent article (less than one month old) from a reputable news source concerning a...
Find a recent article (less than one month old) from a reputable news source concerning a Free and Fair Trade issue between at least two countries. Summarize the article. What is the issue? Explain why this issue is important to the global community. Evaluate the source. What is your opinion?
Find an example from the last year of a news story involving Moral Hazard. Describe the...
Find an example from the last year of a news story involving Moral Hazard. Describe the relevant players, who/what has committed the Moral Hazard, and the remedy that was used. Clear your choice of story with your instructor before doing your analysis.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT