Question
Question 5 The sales of a company (in million dollars) for each year are shown in the table below, identify the linear regression model in
Question 5
The sales of a company (in million dollars) for each year are shown in the table below, identify the linear regression model in the form y=mx+b and report the values of m (slope) and b (intercept) as well as the estimated value of y when the value of x is 10.
x (year) | 2005 | 2006 | 2007 | 2008 | 2009 |
y (sales) | 12 | 19 | 29 | 37 | 45 |
NOTE: You should consider the value x as the elapsed time. For 2005 this would be 0 years, for 2006 it would be 1 year and for 2012 it would be 7 years.
What is the value of m?
(NOTE: The next 2 question relate to this same problem but are separated to be acomodated by moodle)
Answer:
Question 6
When using a relational database engine as the backend for analytics processing, the acronym _____ is used to describe it.
Select one:
a. MOLAP
b. ROLAP
c. OLAP
d. RDBMS
Question 7
True/False: A linear regression model can be used to predict categorical data values.
Select one:
True
False
Question 8
Assume that you had a variety of data including medical history, diet, heredity factors on individuals who developed cancer and you wanted to use this data to determine whether a person is likely to develop cancer. Which technique would be the most promising to start with?
Select one:
a. Classification
b. Regression
c. Clustering
d. Estimation
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