Regression Paper
RES/342
October 10, 2011
University of Phoenix
Introduction
A simple linear reverse analysis is a statistical technique that by fitting a linear equation, attempts to construction the blood between two variables. The linear equation utilise is to predict values for the observed data. scholarship Team C has the task of developing one research question and formulating a hypothesis, which is tested with linear regression analysis in project to data retrieved from the Century field argot data set. out front attempting to design a linear structure to the observed data, the squad will first verify if there is a relationship between the two variables of interest. Subsequently the aggroup will deal into consideration that this does not imply that one variable causes the some other; however, the team will entertain the possibility of an association momentous between the two variables.
An important part of the statistical analysis of the data obtained from designed experiments is formed by regression analysis. Learning Team C will use the linear regression analysis hypothesis to determine the correlation between the reduce of atmosphere transactions and account balances of the Century National Bank customers.
The team will ascertain whether to reject or immerse the hypothesis of the evidence of a correlation between ATM transfers and account balance.
To aid in completing the assigned task, the team will use excel documents and scatter plots.
Century National Bank Data Set
BalanceATMServices accountInterestCityÂ
1756134012Â
74892101Â
1501101001Â
1831104013Â
1622146014Â
1886173011Â
74063003Â
1593108101Â
116964004Â
2125186002Â
1554126103Â
1474127101Â
191365001Â
1218103101Â
1006124001Â
2215203104Â
13772003Â
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