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DAT 565 WEEK 5 REGRESSION MODELING $10.49   Add to cart
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DAT 565 WEEK 5 REGRESSION MODELING
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  • Course
  • GENERAL BI 200
  • Institution
  • University Of The Cumberlands

DAT 565 WEEK 5 REGRESSION MODELING Construct a scatter plot in Excel with FloorArea as the independent variable and AssessmentValue as the dependent variable. Insert the bivariate linear regression equation and r^2 in your graph. Do you observe a linear relationship between the 2 variables? Whi...

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  • January 19, 2022
  • 6
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers

Subjects

  • dat 565 week 5 regression modeling
  • construct a scatter plot in excel with floorarea as the independent variable and assessmentvalue as the dependent variable insert the bivariate linear regression eq

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  • University Of The Cumberlands
  • GENERAL BI 200
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DAT 565 WEEK 5 REGRESSION MODELING


Student’s Name

Institutional Affiliation

Professor’s Name

Date

Wk 5 - Apply: Regression Modeling [due Mon] Wk 5 - Apply: Regression Modeling

1) Construct a scatter plot in Excel with FloorArea as the independent variable

and AssessmentValue as the dependent variable. Insert the bivariate linear

regression equation and r^2 in your graph. Do you observe a linear

relationship between the 2 variables?



AssessedValue ($'000)
2500




2000
f(x) = 0.31 x + 162.66
R² = 0.94


1500




1000




500




0
0 1000 2000 3000 4000 5000 6000 7000


Yes, a linear relationship is observable between Floor Area and Assessment Value.

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