Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please expand my answer Is it possible to use a linear relationship to represent every business phenomenon? Why or why not? I don't think it's

Please expand my answer

Is it possible to use a linear relationship to represent every business phenomenon? Why or why not?

  • I don't think it's possible to use a linear relationship to represent every business phenomenon since not all business phenomena are linearly related.

How can you use linear regression if there is no linear relationship?

  • Using non-linear regression can help find predictors

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Algebra Graphs And Authentic Applications

Authors: Jay Lehmann

2nd Edition

0321923472, 9780321923479

More Books

Students also viewed these Mathematics questions

Question

How is a census different from a sample?

Answered: 1 week ago

Question

2. To store it and

Answered: 1 week ago