Regression Analysis: Real Estatee Sales Prices and Distance to City
This regression analysis seeks to answer the question of how the sales price of Real Estate listed houses changes with the distance from the city. Does the sales price increase or decrease as the distance from the city increases or is there a relationship between the variables at all? Given the attraction of city living and the general trends of suburban house prices, it appears reasonable to hypothesize that the sales price of the houses will decrease as the location of the house moves further away from the city.
Raw Data from Real Estate Listings:
Key: Distance is measured in miles and Sales Price in thousands of dollars.
The regression line, which best illustrates the relationship between the two variables of the data set, takes the equation ? = b + ax. This equation is based on the least squares formula ? (Y --…...
Its name tells us the criterion used to select the best fitting line, namely that the sum of the squares of the residuals should be least. In other words, the least squares regression equation is the line for which the sum of squared residuals is a minimum (Dallal, 2008).
Multiple regression - the general purpose of multiple is to learn more about the relationship between several independent variables and a dependent variable. For example, a real estate agent might record for each listing the size of the house in square feet, the number of bedrooms, the average income in the respective neighborhood, and a subjective rating of appeal of the house. As soon as this information is compiled for different houses it would be exciting to see whether these measures relate to the price for which a house is sold.
One good example for a simple linear regression analysis can be…...
egression Analysis and Business
ules of thumb, instinct, convention, and simple financial analysis are frequently no longer adequate for addressing such common decisions found in business such as make-versus-buy, facility site selection, and process redesign. Generally, the forces of competition are commanding a need for more efficient decision making at all levels in companies. "Decision analysts provide quantitative support for the decision-makers in all areas including engineers, analysts in planning offices and public agencies, project management consultants, manufacturing process planners, financial and economic analysts and experts supporting medical and technological diagnosis"(Tools for Decision Analysis: Analysis of isky Decisions, 2012).
Modeling for decision making comprises two distinct entities, one is the decision-maker and the other is the model-builder who is known as the analyst. The function of the analyst is to help the decision-maker in their decision-making process. Consequently, the analyst must be outfitted with more than a set of analytical methods. Specialists…...
mlaReferences
Keener, B. (2011). Application of Regression Analysis in Business. Retrieved from http://www.ehow.com/about_6160819_application-regression-analysis-business.html
Tools for Decision Analysis: Analysis of Risky Decisions. (2012). Retrieved from http://home.ubalt.edu/ntsbarsh/opre640a/partix.htm
It has even moved into the legal and political realms, which focus on its ability to forecast information based on similar or manipulated environmental conditions (Sykes, 2012). It is often used in quantitative research methodologies, but also conserve as a way to test for reliability in mixed methods and qualitative studies using triangulation, or more than one method to prove the same results hold true (Dizikes, 2010). In this, the research suggests that "the investigator assembles data on the underlying variables of interest and employees regression to estimate the quantitative effect of the casual variables upon the variable that they influence" (Sykes, 2012). The type of regression used in any particular situation depends on the number of variables. Simple linear regression focuses on one dependent and one independent variable. From there, more complicated forms of aggression include a greater number of independent variables, like that of multiple regression, which…...
mlaReferences
Dizikes, Peter. (2010). Explained: Regression analysis. MIT News. Web. http://web.mit.edu/newsoffice/2010/explained-reg-analysis-0316.html
Sykes, Alan O. (2012). An introduction to regression analysis. The Inaugural Coase Lecture. University of Chicago. Web. http://www.law.uchicago.edu/files/files/20.Sykes_.Regression.pdf
egression Analysis on etirement
Definition of egression
egression can be defined as a multipurpose and dominant arithmetical technique which is utilized to concurrently form the outcomes of numerous independent variables on one single dependent variable (for example, Cohen & Cohen, 1983; Fox, 1997; Pedhazur, 1997). The instantaneous assessment of independent variables is what makes it feasible or easier to better comprehend, calculate, and clarify a dependent variable; to guess their independent and collective effects; to discard unauthentic effects; to resolve more precisely the course and force of their outcomes; and to manage the likelihood of Type I errors.
Over the years, there have been many analysis made and researches done on the relationship of retirement and the incentives given i.e. pensions and social security provided. Most of these researches have been done in the perspective of a single-equation, reduced-form model, which are most commonly and regularly utilized in behavioral and policy studies. A…...
mlaResources
Anderson, Patricia; Alan Gustman; and Thomas Steinmeier. 1999. "Trends in Male Labor Force
Participation and Retirement: Some Evidence on the Role of Pensions and Social Security in the 1970s and 1980s." Journal of Labor Economics
Coile, Courtney, and Jonathan Gruber. 2000. "Social Security and Retirement." Cambridge,
Mass.: National Bureau of Economic Research.
Table 3: Predicting Elasticities of Variables
From the analysis completed in Table 3, the elasticity of each variable can be easily seen. As one would expect, the greater the variability in a given variable the higher the elasticity, especially when the variables either measure purchasing power as pi does directly or how the variables stock, and index of consumer sentiment also are shown as a result of their large variances. Taking a step back from the statistical analysis and thinking logically about this, elasticity would be defined by the level of car stocks or inventories on hand, customer attitudes and behaviors and the amount of money they had to spend. These three variables delivered a 75% R2 correlation coefficient. Elasticity is a function of price and demand so these series of relationships make sense.
Forecasting
The first step in completing a forecast is to define the confidence intervals. Both 90% and 95% confidence…...
In this study, these variables are considered protective factors. In the third step, childhood SES would be entered. On the fourth step, childhood maltreatment would be entered. The results of the analysis would determine to what extent each of these additional steps adds to the ability to explain the variance in resilience scores. While all of these variables may ultimately be correlated with resilience, either positively or negatively, not all of these variables will continue to "add" something to our ability to predict resilience after the contribution of other variables have been allowed for first.
Below is a screen shot of the "Variable View" in SPSS of how the variables would be entered into SPSS in order to be able to conduct a Multiple Regression Analysis.
Below is a screen shot of the SPSS Data view of the data entered into SPSS for each variable. Gender, Race, Recruitment, Mentor and Family…...
It includes a way to track bidirectional changes focused on the individual who operates within the two cultural environments. Methods of data reduction have been incorporated in order to develop a psychometrically strong tool. Indexes to validate the results are included in the process as well. As a part of the BAS, scales are used to measure the various areas of acculturation rather than examining items based on the cultural dimension. The working of the scale requires using a wide range of behaviors to be used in the study and generating items in order to display the Hispanic and non-Hispanic domain under consideration. A study conducted in San Francisco, California, using this approach presented different results. Multiple subscales were used along with the regular scales. Alpha coefficients were calculated for the different subscale. All of them were pretty consistent. Validation was performed by measuring them against standards established by…...
mlaReferences
Marshall, M.(1996) Sampling for quantitative research Family Practice 13(6), 522-525
Mason, C. And Perreault, W.(1991,August) Collinearity, Power and Interpretation of Multiple Regression Analysis Journal of Marketing Research 28, 268-280
Anderson, D.(2001) In My Opinion: The need to get the basics right in wildlife field studies Wildlife Soceity Bulletin 29(4), 1294-1297
Mathison, Sandra.(1988, March) Why triangulate ? Educational Researcher 17(2). 12-17
Workplace egression Analysis
Give an example from your workplace regarding how regression analysis could be used by your leadership to analyze one or multiple outcomes that occur because of what your agency does. Indicate the dependent variable and at least two independent variables
To begin with, regression analysis is defined as the relationship between variables. referring to the example under consideration, the management in the workplace can use regression analysis to analyze the relationship of the tips received in the various servings compared to the corresponding amount of the bill. The dependent variable is the focus of the analysis. On the other hand, the independent variable is the 'variable that influences value of the dependent variables'. In particular, the management can use regression analysis to evaluate the impact of pricing on the behavior (tips offered) of consumers. For example, the management of the workplace can consider altering the prices on a number…...
mlaReferences
Hamel, G. (2016). What Are Some Ways Linear Regression Can Be Applied in Business Settings? Chron. Retrieved 7 March 2015 from: http://smallbusiness.chron.com/ways-linear-regression-can-applied-business-settings-35431.html
Skrivanek, S. (2009). The use of dummy variables in regression analysis. Accessed, 21, 15.
Intro to R1Three commands that were used in the video were:1) plot(Age, LungCap, main=Scatterplot). This was used to obtain scatterplot, modeling the relationship between Age and Lung Capacity, with Lung Capacity being the Y variable (dependent variable) on the axis.2) cor(Age, LungCap). This was used to calculate the Pearsons correlation between the two variables.3) attributes(mod). This command tells which particular attributes are stored in the object (the linear model).2Simple regression is a basic predictive analytical tool. It enables us to model and investigate the relationship between two variables: a dependent variable (outcome) and an independent variable (predictor). In the example from the tutorial, the variables were age (independent) and lung capacity (dependent).One of the most crucial aspects of simple regression is the scatterplot. The command \\\'plot(Age, LungCap, main=Scatterplot\\\")\\\' was used to create a visual representation of the data points on an XY-plane, giving us a quick overview of how the…...
In short, it's the veteran employees, who seem to not be using their vacation time, that are creating the perceived problem.
By taking a regression that analyzes length of tenure vs. vacation time taken in the most recently completed calendar year (2005), we can see if employees are taking more time off as they accrue more vacation days. Our hypothesis is that they are not and that there will be no correlation between length of tenure and time off taken.
The main statistic we will analyze is the coefficient of determination. According to Aczel and Sounderpandian, the coefficient of determination measures the strength of the regression relationship on a scale of zero to 1; the closer the figure is to 1, the stronger the relationship (p.457). As Aczel and Sounderpandian indicate, it is difficult to state definitively how close to 1 our coefficient of determination must be before we declare a…...
mlaWorks Cited
Aczel, Amir D. And Sounderpandian, Jayavel. Complete Business Statistics, 6th ed. New York: McGraw-Hill/Irwin, 2006.
Job Satisfaction
The main objective of this research is to examine the various factors affecting job satisfaction given that satisfaction is a dynamic phenomenon that includes a person's attitudes and behaviors. The author also seeks to examine organizational injustices and how they affect job satisfaction and organizational commitment. Organizations in the modern business environment consider job satisfaction as a legitimate factor that has strong impacts on organizational commitment. In light of this significance, it's important for organizations to evaluate and identify factors that affect job satisfaction. Therefore, this research primarily seeks to study the various factors affecting job satisfaction.
Data Analysis Methodology
To achieve the aims of this study, the researcher conducted 26 surveys on 26 different employees to determine issues that are affecting the job satisfaction in their different working environments. The researcher developed surveys with open ended questions that act as a framework of understanding what employees want from their…...
mlaReferences
Lumley et al. 2011, Exploring the Job Satisfaction and Organizational Commitment of Employees in the Information Technology Environment, Southern African Business Review, vol. 15, no. 1, pp.100-118.
Research Methods Knowledge Base 2006, Deduction & Induction, Research Methods Knowledge Base, viewed 22 April 2016
Satterfield, LM 2015, Factors Affecting Job Satisfaction of Radiologic Sciences Faculty: Implications for Recruitment and Retention, University of Tennessee, Knoxville, viewed 21 April 2016,
Soiferman, LK 2010, Compare and Contrast Inductive and Deductive Research Approaches, Institute of Education Sciences, viewed 22 April 2016,
egression vs. correlation?
Correlation is used to test whether two variables covary, the strength of the relationship, and the direction of the association. A correlation calculation will generate a P-value and a correlation coefficient (r). By comparison, regression will generate the slope and intercept for a best-fit line that can be used to predict unknown values for the dependent variable.
What percentage of depression is not associated with Facebook usage?
The coefficient of determination (r2) is 0.661, which means that 66.1% of the variance in depression is due to the amount of time spent on Facebook; therefore, 33.9% of the variation in depression cannot be explained by time spent on Facebook.
Q3: Variables that could be contributing to the variance not explained by time spent on Facebook?
The unexplained variance in depression scores is the amount of error between measured levels of depression for a study subject and what was predicted by the regression line.…...
mlaReferences
Klengel, T. & Binder E.B. (2013). Gene-environment interactions in major depressive disorder. Canadian Journal of Psychiatry, 58(2), 76-83.
Communicating the Results of a Multiple Regression Analysis
usiness Theory: "Communicating the Results of a Multiple Regression Analysis"
This report has the stated objective of examining the communication of the results of a multiple regression analysis and as such, a multiple regression analysis is described both in theory and in form demonstrating the progression of such an analysis. The multiple regression in this study examines bivariate factors in predicting the success of sales people for XYZ corporation.
The presentation of a multiple regression analysis is addressed in the work of Kuiper (2008) that the goals of multiple regression analysis are to: (1) describe or develop a model that describes the relationship between the explanatory variables and the response variable; (2) predict or use a set of sample data to make predictions; and (3) confirm in that theories are reported as often developed about individual variables including confirmation of which variables or which combination…...
mlaBibliography
Gaasbeck, V. (nd) Presentation of Regression Results. California State University. Retrieved from: http://www.csus.edu/indiv/v/vangaasbeckk/courses/200A/sup/regressionresults.pdf
Kuiper, S. (2008) Introduction to Multiple Regression: How Much Is Your Car Worth? Journal of Statistics Education. Vol. 16. No.3. Retrieved from: http://www.amstat.org/publications/jse/v16n3/datasets.kuiper.html
Multiple Regression (1997) SABLE Virginia Tech. Retrieved from: http://simon.cs.vt.edu/SoSci/converted/MRegression/
Correlation, Simple Linear egression
In this paper, we perform a linear regression analysis on previously collected data related to the number of daily e-mails received () and sent (S) by a particular user (the author). We have depicted the original daily e-mail data as a time series, incrementing N. By 1 for each day's measurement. The computed regression coefficient r is the slope of the regression line.
A time series consists of sequencing successive data points at uniform time intervals. As such, this exercise represents a meaningful statistical analysis to determine whether a natural temporal ordering is inherent in the data. It should be recalled that the collection of data for each of . And S. consisted of 15 daily samples, which were collected during two exercises spanning 10 and 5 days respectively. This factor will be noted in the analysis to follow. Table 1 illustrates the predicted values and subsequent regression…...
mlaReferences
Breyfogle, F.W. (2003). Implementing Six Sigma: Smarter Solutions Using Statistical Methods (2nd ed.). John Wiley & Sons.
Waner, S., & Costenoble, S.R. (1999). Simple Regression Page. Retrieved December 18, 2011, from http://people.hofstra.edu/Stefan_Waner/newgraph/regressionframes.html
Research Proposal
Title: Exploring the Factors Influencing Student Dropout Rates
1. Introduction
Student dropout rates remain a significant concern in educational systems worldwide. Students who drop out face numerous challenges, including lower earning potential, increased risk of unemployment, and reduced health outcomes. Understanding the factors that influence dropout rates is crucial to developing effective interventions and improving educational outcomes.
2. Research Questions
This research aims to explore the factors contributing to student dropout rates by investigating the following research questions:
What are the demographic, academic, and socioeconomic characteristics associated with student dropout?
How do school-related factors, such as teacher-student relationships, school climate, and academic support,....
Research Proposal: Understanding the Influence of Extracurricular Activities on Students' Personal Development and School Engagement
Introduction
Extracurricular activities (ECAs) play a significant role in the lives of students, shaping their personal development and enhancing their school engagement. While research has examined the benefits of ECAs, there is a need for a more comprehensive understanding of their specific influence on students' personal and academic growth. This research proposal aims to investigate the relationship between ECAs and students' personal development and school engagement.
Research Questions
This study will seek to answer the following research questions:
How do ECAs contribute to students' personal development, including their self-esteem,....
Sure, here is an example of the methodology section for a research proposal on exploring the factors influencing student dropout rates:
Methodology:
1. Study Design:
This research will employ a quantitative research design to explore the factors influencing student dropout rates. A survey will be conducted to gather data from a sample of students who have dropped out of school. The survey will include questions about demographics, academic performance, social factors, and reasons for dropping out.
2. Sampling:
The target population for this study will be students who have dropped out of school within the past academic year. A convenience sample of 200 students will....
Methodology
Research Design
This research will employ a mixed-methods approach, combining both qualitative and quantitative data collection methods to gain a comprehensive understanding of the factors influencing student dropout rates.
Data Collection
Qualitative Data:
In-depth Interviews: Interviews will be conducted with students who have dropped out of school, exploring their experiences, motivations, and barriers to continuing their education.
Focus Groups: Focus groups will be used to facilitate discussions among a diverse group of stakeholders, including students, parents, teachers, and administrators, to gather insights on factors impacting dropout rates.
Quantitative Data:
Questionnaire Survey: A structured questionnaire will be distributed to current students to collect data on....
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