we are going to create a linear regression model from a set of data. Suppose we get a job working for a company that provides their employees with company stock every year they work with the company. The amount of stock earned may be based on a few other variables, but all we are looking at right now is time served with the company. Here is the data we collected: Years With Company Company Stock (Thousands of $) 11 51 14 64 9 41 8 40 14 61 12 54 3 21 7 31 8 39 10 51 7 27 Use the following link to graph your data and create a regression model. The equation of your model will be at the bottom of the page, where it says “Equation.” https://www.graphpad.com/quickcalcs/linear1/Links to an external site.
we are going to create a linear regression model from a set of data. Suppose we get a job working for a company that provides their employees with company stock every year they work with the company. The amount of stock earned may be based on a few other variables, but all we are looking at right now is time served with the company. Here is the data we collected:
|
Years With Company |
Company Stock (Thousands of $) |
|
11 |
51 |
|
14 |
64 |
|
9 |
41 |
|
8 |
40 |
|
14 |
61 |
|
12 |
54 |
|
3 |
21 |
|
7 |
31 |
|
8 |
39 |
|
10 |
51 |
|
7 |
27 |
Use the following link to graph your data and create a regression model. The equation of your model will be at the bottom of the page, where it says “Equation.” https://www.graphpad.com/quickcalcs/linear1/Links to an external site.
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 5 images
