Descriptive Statistics, Regression Analysis, Prediction and Control
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1) Using the Water use data set (under Course Materials Forum) analyze the data using Excel, MegaStat or whatever statistical software you prefer and report in proper statistical form/jargon about the dataset. (See attached)
2) Using the Water use data set analyze the data using Excel, MegaStat or whatever statistical software you prefer. Perform a proper multiple linear regression analysis and indicate how you are using multiple linear regression to:
(1) predict
(2) describe
(3) control
Report each in proper statistical form/jargon. You may use any variable as dependent, but water usage is a good one for Y hat.
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Solution Summary
Descriptive statistics, regression analysis and prediction are used to analyze data. A multiple linear regression analysis is given.
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1.) Using the Wateruse data set (under Course Materials Forum) analyze the data using Excel, MegaStat or whatever statistical software you prefer and report in proper statistical form/jargon about the dataset. (See below)
2.) Using the Wateruse data set analyze the data using Excel, MegaStat or whatever statistical software you prefer. Perform a proper multiple linear regression analysis and indicate how you are using multiple linear regression to :
(1) predict
(2) describe
(3) control
Report each in proper statistical form/jargon. You may use any variable as dependent, but waterusage is a good one for Y hat. "
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