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MATH 533 WEEK 7 COURSE PROJECT PART C, REGRESSION AND CORRELATION

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MATH 533 WEEK 7 COURSE PROJECT PART C, REGRESSION AND CORRELATION

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MATH 533
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MATH 533

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MATH 533 WEEK 7 COURSE PROJECT PART C,
REGRESSION AND CORRELATION



Math 533
Course Project Part C
April 18, 2015


Scatter Plot

1. Generate a scatterplot for income ($1,000) versus credit balance ($), including
the graph of the best fit line. Interpret.




2. Determine the equation of the best fit line, which describes the relationship
between income and credit balance
The regression equation is
Income ($1,000) = - 3.52 + 0.0119 Credit Balance ($)

3. Determine the coefficient of correlation. Interpret.
This study source was downloaded by 100000848900824 from CourseHero.com on 09-23-2022 00:51:22 GMT -05:00


https://www.coursehero.com/file/13896534/MATH-533-COURSE-PROJECT-PART-C/

, MATH 533 WEEK 7 COURSE PROJECT PART C,
REGRESSION AND CORRELATION

Correlations: Income ($1,000), Credit Balance ($)




This study source was downloaded by 100000848900824 from CourseHero.com on 09-23-2022 00:51:22 GMT -05:00


https://www.coursehero.com/file/13896534/MATH-533-COURSE-PROJECT-PART-C/
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  • math 533 week 7 course project part c
  • regression and correlation
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