In this project, the aim was to develop a predictive model using linear regression to estimate the amount of tips that would be received in a restaurant setting. By analyzing various factors such as ...

The first step is calculating the correlation between the Discount and Total Amount Spent. Use Excel’s CORREL() function to do this. A positive correlation of approximately 0.406 between the Discount ...

Modern measurement techniques allow researchers to gather ever more data in less time. In many cases, however, the primary or raw data have to be further analyzed, be it for the verification of a ...

Linear regression is a statistical technique that helps us to understand the relationship between two variables by modeling a linear equation to observed data. There are multiple ways to conduct ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Regression analysis ...