The officers of a high school senior class are planning to rent buses and vans for a class trip. Each bus can transport 54 students, requires 4 chaperones, and costs $1,300 to rent Each van can transport 9 students, requires 1 chaperone, and costs $80 to rent. Since there are 540 students in the senior class that may be eligible to go on the trip, the officers must plan to accommodate at least 540 students. Since only 48 parents have volunteered to serve as chaperones, the officers must plan to use at most 48 chaperones. How many vehicles of each type should the officers rent in order to minimize the transportation costs? What are the minimal transportation costs? The officers should rent buses and vans to minimize the transportation costs
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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