Question
Loss of Marks: if you use the words:do not use these words: slope, intercept, regression, correlation, coefficient of determination, R-squared, R 2 , r, interpolation,
Loss of Marks: if you use the words:do not use these words: 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.
data required to discuss.
(a)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started