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There is a database called DATA, which contains information about remuneration for a business sector, whose variables are the following: y = Index of real
There is a database called DATA, which contains information about remuneration for a business sector, whose variables are the following:
y = Index of real compensation per hour
X =Production rate
A simple, quadratic and exponential linear regression model is requested. Compare the three types and indicate which would best represent the results. Also, interpret results.
DATA
Y | X |
60.8 | 48.9 |
62.5 | 50.6 |
64.6 | 52.9 |
66.1 | 55 |
67.7 | 56.8 |
69.1 | 58.8 |
71.7 | 61.2 |
73.5 | 62.5 |
76.2 | 64.7 |
77.3 | 65 |
78.8 | 66.3 |
80.2 | 69 |
82.6 | 71.2 |
84.3 | 73.4 |
83.3 | 72.3 |
84.1 | 74.8 |
86.4 | 77.1 |
87.6 | 78.5 |
89.1 | 79.3 |
89.3 | 79.3 |
89.1 | 79.2 |
89.3 | 80.8 |
90.4 | 80.1 |
90.3 | 83 |
90.7 | 85.2 |
92 | 87.1 |
94.9 | 89.7 |
95.2 | 90.1 |
96.5 | 91.5 |
95 | 92.4 |
96.2 | 94.4 |
97.4 | 95.9 |
100 | 100 |
99.7 | 100.4 |
99 | 101.3 |
98.7 | 101.5 |
99.4 | 104.5 |
100.5 | 106.5 |
105.2 | 109.5 |
108 | 112.8 |
112 | 116.1 |
113.5 | 119.1 |
115.7 | 124 |
117.7 | 128.7 |
119 | 132.7 |
120.2 | 135.7 |
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