MATH 1F92 Lecture Notes - Lecture 5: Scatter Plot

71 views4 pages

Document Summary

4 data points on the line but the rest of data is above it. We are going to use the line of best fit (cid:894)or line of regression(cid:895) Line of best fit: line that best approximates data. Recall: y = mx + b (equation of a line) B, x, + bo regression line egh. Predicted value of y given some specific x. If b > 0 (positive) = x up, y down (r > 0) If b < 0 (negative) = x up, y down (r < 0) If b = 0, horizontal line, no slope up or down. We can rearrange the equation for bo bo = b, x. This describes the relationship between x and y: only use least square regression of moderate or better. To find the line: use least square regression, minimize the vertical distance between data values and the line used to approximate them. Residual: the distance between the observed and predicted value of y.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related textbook solutions

Related Documents