(solved) Linear Regression Project

  

Referencing Styles : MLA Calculate the descriptive statistics to study the center (Mean and Median), dispersion (Standard Deviation and Range), distribution (Skew and Kurtosis), and position (re: outliers – if any and by what criteria) for each of the quantitative variables. Describe what these values tell you about each of the variables. (Note: The statistics mentioned in parenthesis must be addressed; however, you may wish to include additional statistics if they help to better “paint the picture” of your … View More Calculate the descriptive statistics to study the center (Mean and Median), dispersion (Standard Deviation and Range), distribution (Skew and Kurtosis), and position (re: outliers – if any and by what criteria) for each of the quantitative variables. Describe what these values tell you about each of the variables. (Note: The statistics mentioned in parenthesis must be addressed; however, you may wish to include additional statistics if they help to better “paint the picture” of your data set.) Explain the relevance of the slope of the regression line Elaborate on the reliability of predictions. Should the equation be used for predictive purposes? If appropriate, select a few values of the predictor variable and make the prediction using the regression equation. If not, explain what approach you would take to make predictions. Read Less