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Appendix 4 Discussion Points Loss of Marks: if you use the words:avoid using, slope, intercept, regression, correlation, coefficient of determination, R-squared, R 2 , r,

Appendix 4 Discussion Points

Loss of Marks: if you use the words:avoid using, slope, intercept, regression, correlation, coefficient of determination, R-squared, R2, r, interpolation, extrapolation (or any variant of these).

By making reference to the Infographic, interpret the scatterplot in terms of explaining the Number of New Memberships using the Number of Active Job Vacancies (Appendix 4(a)).

Interpret/Discuss the values of the slope and R-squared coefficient of determination in everyday language (Appendix 4(a)).

State the predictions for the new memberships if there are 5000 active job vacancies in South Australia for the week. State the trustworthiness of these predictions.(Appendix 4(b)).

Suggest two variables that would have an influence on the acquisition of new members at Cluster Adelaide.In addition, discuss the validity of using an European data to predict new memberships for Cluster Adelaide.

the data required to discuss is below

(a)

image text in transcribedimage text in transcribed
100%% 90% 80% 70% 60% IBNE 50% ADL 40% MEL 30% SYD 20% 10% 0% Wellness Room Standing Desk Curated Games Room Beverage

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