1. Using the following equation and table, compose a Word document that answers the following questions:
Equation 1
y = β0 + ∑ βiXi + εI
Table 1
X Y
1.00 1.00
2.00 2.00
3.00 1.50
4.00 3.65
5.00 2.25
How would you describe the function of a generalized linear regression model?
How is linear regression useful?
Consider the general equation for a linear model, equation 1, describe the relationship between X and Y.
List and briefly describe the 3 types of linear regression.
List some of the ways Multivariate linear regression of your data are useful?
What is the role of a scattergram?
How do you analyze the relationship between the predictor X and the dependent variable Y?
For simple linear regression there is only one predictor, variable X, when X is plotted against Y (response variable) they fit a straight line. Look at the data in table 1; predict whether the relationship between X and Y is positive or negative.