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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 ...
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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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