Analyze the role linear regression for trend analysis


Discussion:

Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.

Use the same business problem/opportunity and research variable you wrote about in Week 3.
Note: Do not actually collect any data; think hypothetically.

Develop a 1,050-word report in which you:

• Identify which types of descriptive statistics might be best for summarizing the data, if you were to collect a sample.
• Analyze which types of inferential statistics might be best for analyzing the data, if you were to collect a sample.
• Analyze the role probability or trend analysis might play in helping address the business problem.
• Analyze the role linear regression for trend analysis might play in helping address the business problem.
• Analyze the role a time series might play in helping address the business problem.

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