3.) You also want to know if there is a relationship between the number of days the college students have been playing the online game and how much money they spent for it on average. Using simple linear regression in EXCEL, a.) Calculate for the regression line, b.) Predict the next 3 data points and make a preliminary conclusion for the trend you are observing lastly, c.) Make a scatter plot of the data with the regression line. Days Pesos 1 2 249 4 749 6. 1490 8 2490 10 2488 12 3980 14 5490 16 4978 18 6468 20 4978
3.) You also want to know if there is a relationship between the number of days the college students have been playing the online game and how much money they spent for it on average. Using simple linear regression in EXCEL, a.) Calculate for the regression line, b.) Predict the next 3 data points and make a preliminary conclusion for the trend you are observing lastly, c.) Make a scatter plot of the data with the regression line. Days Pesos 1 2 249 4 749 6. 1490 8 2490 10 2488 12 3980 14 5490 16 4978 18 6468 20 4978
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Show step by step on EXCEL. I am having a hard time on this.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps with 9 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman