This lab will use the following Lab Resources. Virtual Lab Citrix (MS Word 2016 or 2019) You can use a personal copy of the software or access the Lab

This lab will use the following Lab Resources.

  • Virtual Lab Citrix (MS Word 2016 or 2019)

You can use a personal copy of the software or access the Lab Resources located in the Course Resources page.

Step 1: Lab Preparation

Please review the following video on how R is used to find a relationship using simple regression. Also, consider the information learned from the reading assignment.

Step 2: Review Lab Video on R

Your next step is to better understand some of the R commands that the above video uses. List three commands that were used in the video and explain what each command does. You can pause the video when you find a command you want to use for your list. Save your document and use it to complete Step 3.

Step 3: Regression Memo

In a one-page memo, identify what you learned about simple regression and explain how it can be helpful in identifying relationships between variables. Also, discuss how the advantages of using simple regression could benefit the organization.

Step 4: Lessons Learned

Identify some key points that you found about regression and the application R, and explain why you found them interesting.

youtube video

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Module 3 Case Harnessing The Power of Operations and Finance Assignment Overview Strategic Management  It is time to complete all of the connections

Module 3 Case Harnessing The Power of Operations and Finance Assignment Overview Strategic Management  It is time to complete all of the connections regarding how strategy is implemented in an organization and the roles of the stakeholders across functional areas. Case 3 Resources Corporate-Level Strategy Defined (2022)Implementing Corporate Strategy (2022)9 Steps to

Create a diagram of the supply chain plan using one of the following tools: Excel PowerPoint Visio PictoGram PDF Other faculty-approved platform Write an

Create a diagram of the supply chain plan using one of the following tools: Excel PowerPoint Visio PictoGram PDF Other faculty-approved platform Write an 875-word analysis of the supply chain. Include the following: Value chain and flow of structure Inputs Outputs, including customer service structure Inventory points and forecasting Sourcing activities Risks

SLP2  MGT599 Strategic Management  Strategic Advantage: Analytics and Economics Assignment Overview Data Analytics and Strategic Decision-Making Your study

SLP2  MGT599 Strategic Management  Strategic Advantage: Analytics and Economics Assignment Overview Data Analytics and Strategic Decision-Making Your study of Business Analytics and Decision Making may seem long ago, but you’ve been building onwhat you learned throughout the program.  Session Long Project 2 Resources SWOT Framework (2022)Strategic Issue Identification (2022)Management/Leadership: How Education and Training