Your manager is asking you about regression analysis and what it looks like as well as how it works. Your task this week is to create several different options for regression analysis and what it looks like
BIAM300 Managerial Applications of Business Analytics
Week 4 Lab
Scenario:
Your manager is asking you about regression analysis and what it looks like as well as how it works. Your task this week is to create several different options for regression analysis and what it looks like. You will then report your results back to your manager.
Step 1:
Please review the following video by selecting the following link.
Linear Regression in Excel (Links to an external site.)
Linear Regression in Excel
Step 2: Creating an Excel Chart
Take the information from R-Practice 4.7, Math Course Data Table 4.7.1, and create an Excel chart.
Create a scatterplot chart.
Include the line equation.
Format the chart title to improve the chart.
Take a screen print of the chart.
Step 3: Create a Regression Chart in RStudio
Sign into the Azure virtual lab environment.
Select the RStudio software.
Use the code provided in 4.7.1, reproduce the chart shown in 4.7.1.
Take a screen print.
Step 4: Alter the Chart Results
Alter or change the numbers provided in the first two lines of the code and rerun the code.
Take a screen print of your results.
Step 5: Alter the Chart Results Again
Alter or change the numbers provided in the first two lines of the code to change the code.
Take a screen print of your results.
Step 6: Report Back to your Manager
Write a report that includes the following.
Include one example of a regression analysis using MS Excel.
Include three examples of a regression analysis using RStudio.
Discuss differences in how these two programs work.
Analyze the results. (Discuss what the results mean.)
Make a recommendation to the manager.
Step 7: Submit Work
Save and submit your MS Word document.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
