Simple linear regression assignment

Simple linear regression
For this assignment, you should study the relationship between 2 variables of your choice (X should have an impact on Y). You should collect data related to these variables during a specific time-period (at least 10 values for each variable) , and you should mention the source of your data. Then, you should use excel to generate the regression tables, and answer the questions available in the assignment document. You can provide your answers on the same excel sheet or on the word document.

Assignment 4- Simple Linear Regression                                        14/11/2020

10 points

Study the relationship between two variables of your choice, by analyzing the impact of changes in the independent variable (X) on the dependent variable (Y) using the linear simple regression model.

  • You need to have at least 10 values for each variable, and to mention the data source. (You can collect your data from an online source). (2 points for the choice of variables, and 1 point for the data collected and on mentioning the source).
  • Using excel, you need to generate the regression statistics. (Use the data analysis tool pack). (1 point on the table generated by using excel)

Questions:

  1. Determine the independent variable (X) and the dependent variable (Y). (1 point)
  2. Determine b0 (the intercept) and b1 (the slope). (1 point)
  3. Form the simple linear equation. (1 point)
  4. What can you conclude about the relationship between the variables? (1 point)
  5. Determine the coefficient of determination, r2, and interpret its meaning. (2 points)

 

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