Music Emily Lucia and Paul complied to the following data shown in the table the table shows the predicted number of CDs sold for a song based on the audience impressions in, hundred of millions. note numbers of CDs sold are in hundreds of millions. A. Draw a scatter plot using the data from the table be Bfind y - hat use two decimal places for b o and one decimal place for b1in your final answer see C.find the predicted number of CDs sold for a song with 20 audience impressions.
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.
Music Emily Lucia and Paul complied to the following data shown in the table the table shows the predicted number of CDs sold for a song based on the audience impressions in, hundred of millions. note numbers of CDs sold are in hundreds of millions.
A. Draw a
Bfind y - hat use two decimal places for b o and one decimal place for b1in your final answer see
C.find the predicted number of CDs sold for a song with 20 audience impressions.
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