Relationships between variables.

Models help us describe and summarize relationships between variables. Understanding how process variables relate to each other helps businesses predict and improve performance. For example, a marketing manager might be interested in modeling the relationship between...

Relationships between variables.

MO1: Use a scatter chart to identify relationships between two variables. (CO1, 2, 4, 5)MO3: Use Excel Regression tool for simple and multiple regression. (CO5)MO4: Build regression models for categorical data using dummy variables. (CO2, 3, 4, 5)MO5: Test for...