scm sg 3
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This 1 page Study Guide was uploaded by Evangelos Katradis on Sunday April 17, 2016. The Study Guide belongs to 200 at Pennsylvania State University taught by Marilyn Blanco in Fall. Since its upload, it has received 57 views. For similar materials see Supply Chain Management (business statistics) in Business at Pennsylvania State University.
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Date Created: 04/17/16
scm week 10 notes linear regression the relationship between a scalar dependent variable (y) and aa explanatory variable (x). coefficient of determination (Rsquared) key output of regression analysis it is often used to predict, forecast or for error reduction linear regression analysis can be applied to quantify the strength of the relationship it is the best fitting line (straight) through the points it allows us to summarize and study relationships between two continuous variables most basic and commonly used predictive analysis estimates are used to describe data and to explain the relationship
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