5. (a) Why is simple linear regression important? Distinguish between linear regression and correlation. (b) Suppose that the profit of running a Computer Business depends mainly on the investment. The regression equation is given by Profit = 300 + 2.5(investment). Interpret the intercept and slop of this model. If investment amount is 2000 BDT then what amount of profit you are expecting. Interprete the slope of this model.
5. (a) Why is simple linear regression important? Distinguish between linear regression and correlation. (b) Suppose that the profit of running a Computer Business depends mainly on the investment. The regression equation is given by Profit = 300 + 2.5(investment). Interpret the intercept and slop of this model. If investment amount is 2000 BDT then what amount of profit you are expecting. Interprete the slope of this model.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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