Find the regression equation, letting the first variable be the predictor (x) variable. Find the best predicted Nobel Laureate rate for a country that has 79.1 Internet users per 100 people. How does it compare to the country's actual Nobel Laureate rate of 1.3 per 10 million people? E Click the icon to view the data. Find the equation of the regression line. (Round the constant to one decimal place as needed. Round the coefficient to three decimal places as needed.) The best predicted number of Nobel Laureates when the number of internet users per 100 is 79.1 isO. Round to one decimal place as needed.) How does it compare to the country's actual Nobel Laureste rate of 1.3 per 10 million people? O A. The best predicted value is not at all close to the actual Nobel Rate OB. The best predicted value is the opposite of the actual Nobel Rate. OC. The best predicted value is equal to the actual Nobel Rate. OD. The best predicted value is very close to the actual Nobel Rate.
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
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