Use the given data to find the best predicted value of the response variable. The regression equation relating attitude rating (x) and job performance rating (y) for the employees of a company is y^= 11.7 + 1.02x. Ten pairs of data were used to obtain the equation. The same data yield r = 0.863 and y = 80.1. What is the best predicted job performance rating for a person whose attitude rating is 79? Use 0.05 level of significance. Best predicted job performance rating _________
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.
Use the given data to find the best predicted value of the response variable.
The regression equation relating attitude rating (x) and job performance rating (y) for the employees of a
company is y^= 11.7 + 1.02x. Ten pairs of data were used to obtain the equation. The same data yield r = 0.863 and y = 80.1. What is the best predicted job performance rating for a person whose attitude rating is 79? Use 0.05 level of significance.
Best predicted job performance rating _________
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