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24:20
YouTube
Prexam-CAFC
CAFC | Business Statistics | Correlation and Regression | Lecture-5 | Part-1
Welcome to Prexam-CAFC! In this video, we explain Correlation and Regression under Business Statistics for CA Foundation students. You will learn: Meaning and Importance of Correlation Methods of Measuring Correlation (Karl Pearson’s, Spearman’s, etc.) Concept of Regression and Regression Equations Relationship between Correlation and ...
1 month ago
CA Foundation Exam
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SOLVED:For the data in Exercise 12 of Section 10.2 "The Linear Correlation Coefficient" a. Compute the least squares regression line. b. On average, how many additional feet are added to the braking distance for each additional 100 pounds of weight? Explain. c. Estimate the average braking distance of all cars weighing 3,000 pounds.
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SOLVED: For Exercises 6-1 through 6-5, perform the following:- Estimate the intercept Bo and slope B1 regression coefficients.- Write the estimated regression line.- Compute the residuals.- Compute SSE and estimate the variance.- Find the standard error of the slope and intercept coefficients.- Show that SST = SSR SSE.- Compute the coefficient of determination; R^2.- Comment on the value.- Use a t-test to test for significance of the intercept and slope coefficients at α = 0.05.- Give the P-v
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