MIS 660 Topic 7 Discussions GCU

MIS 660 Topic 7 Discussions GCU

MIS 660 Topic 7 Discussions GCU

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MIS 660 Topic 7 Discussions GCU

MIS 660 Topic 7 DQ 1

Suppose you wanted to understand the relationship between a customer’s yearly income (X) and the number of movies (Y) the customer watched in a year. You then gather data on incomes and the number of movies watched in a year. The range of incomes in your data set is $5K to $150K. After fitting a simple linear model and performing all the appropriate diagnostics, the model showed that, on average, for every $10K in income, the customer watched 1.5 movies in the year. So, for example, if a customer earned 60K in a year, he or she would be expected to watch nine movies during the year. Now you want to apply this model to your very wealthy friend who will earn $1 million in the next year. Is this an appropriate application of your model? Why or why not? Provide specific examples to justify your opinion.

MIS 660 Topic 7 DQ 2

If you regress daily high temperature (Y) on the amount of ice cream sales (X), you will notice that there is a strong positive correlation between the two. In other words, as daily ice cream sales increase, the daily high temperature increases. This implies that if we knew the amount of ice cream sales in a particular day, we could estimate, with a high level of accuracy, the high temperature in that day. Does this mean that if we wanted to increase the daily temperature, we need to sell more ice cream? Explain why or why not?

 

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MIS 660 Topic 7 Discussions GCU

Best MIS 660 Topic 7 Discussions GCU

MIS 660 Topic 7 Discussions GCU

ACCT 553 DeVryBIAM 500 DeVryCIS 500 STRCIS 558 STRENG 105 GCUFIN 390 DeVryFIN 504 GCUHCA 545 GCUHCA 699 GCUHLT 306 GCUHLT 362 GCUHLT 555 GCUHLT 610 GCUHLT 665 GCUHOSP 594 DeVryHRM 600 DeVryMAT 144 GCUMGMT 600MGT 599 STRMGT 655 GCUMKT 373 GCUPSY 362 GCUPSY 565 GCUPSY 575 GCUPSY 665 GCUSOC 102 GCUSOC 320 GCUSOC 372 GCUSOC 412 GCUNSG 6440 SUHIM 515 GCUNSG 4029 SUHIM 615 GCUNSG 3029 SUNSG 4055 SUNSG 6630 SUNSG 6005 SUCRMJ 310PSY 510 GCUCRMJ 300 DevryCRMJ 425SPD 200 GCU, HLT 490 GCU ,ECH 340 GCU , ECH 440 GCU , ECH 355 GCU ,ECH 350 GCU ,LDR 461 GCU ,ECH 425 GCU ,REL 212 STR ,SCI 115 STR ,CIS 505 STR ,JUS 652 GCUMGT 640 GCUCIS 527 STRSOC 436 GCU,ACC 502 GCUFIN 504 GCU , MATH 260 DeVry ,ETHC 445 DeVry ,ECET 220 DeVry , CARD 405 DeVryNETW 203 DeVryNETW 205 DeVryECET 365 DeVry ,MATH 270 DeVry ,PHYS 310 DeVry, BIB 106 GCU ,CIS 512 STR ,SYM 506 GCU ,ECN 601 GCU  ,BIAM 570 DeVryPSY 402 GCU , SOC 480 GCU , BIAM 530 DeVry,  DNP 810 GCU , DNP 820 GCU , DNP 825 GCU , ECN 450 GCU , DNP 830 GCU , LDR 804 GCU , MAT 105 GCU , ECS 501 GCUECS 555 GCU , TSL 552 GCU , ECS 560 GCU , NRS 493 GCU , ECS 570 GCU , BUS 352 GCU , MIS 660 GCU

 

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