BMT 15 Simple Linear Regression

Question 1

simple linear regression

Answer 1

Quantitative tool that allows us to see whether two variables are related
one DV and one IV and we can see if the DV changes if we change the IV

Question 2

steps for a simple linear regression

Answer 2

1. draw a table of two variables
2. draw a scatter diagram
3. draw a line of best fit
4. describe the regression

Question 3

things that are of positive correlation

Answer 3

marketing budget & sales revenue
Salaries & average employee years of service
Employee training hours & employee productivity

Question 4

things that are of negative correlation

Answer 4

customer satisfaction & return rate
employee burnout & employee productivity
Employee turnover & average salary