A farmer wishes to internal vertical (y-value) fenced dividers and one internal horizontal (x-value) fenced divider as shown in the picture (not to scale). The external fencing costs $6 per foot and the internal fencing costs $10 per foot. If the farmer has $5,929 to spend on fencing, what is the maximum fenced area he can build? What dimensions give this maximum area? DON'T SOLVE this problem, just determine the simplified form of the two equation you can create from the above information to solve the problem. УА xft
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
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