What scale should we use for the regressors? Expalain the reason?
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 5SE: What does the y -intercept on the graph of a logistic equation correspond to for a population...
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Equations and inequalities describe the relationship between two mathematical expressions.
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A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.
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What scale should we use for the regressors? Expalain the reason?
Expert Solution
Step 1
Regression analysis to describe the relationships between a set of independent variables and the dependent variables.
It produces a regression equation where the coefficients represent the relationship between each independent variable and the dependent variables.
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