Assignment is the attached and used the information below as directions.
Use information from the modular background readings as well as any good quality resource you can find. Please cite all sources and provide a reference list at the end of your paper.
The following items will be assessed in particular:
- Your ability to explain the limitations of the linear regression method.
- Your ability to describe ANOVA and identify when the ANOVA method should be used.
- Your ability to describe the correlation analysis and identify when the coefficient of correlation should be calculated.
- Your ability to identify when the Least Squares method should be used.
Use the links below to assist with assignment:
http://www.khanacademy.org/math/statistics/v/regression-line-example
http://onlinestatbook.com/chapter13/intro.html
http://www.psych.utah.edu/stat/introstats/anovaflash.html
http://www.fayar.net/east/teacher.web/math/Illuminations/imath/912/LinearRelationships/index.html
http://www.journalofaccountancy.com/issues/2009/feb/forecastingwithexcel.htm
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