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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

MIS 660 Topic 7 Discussions GCU
ACCT 553 DeVry, BIAM 500 DeVry, CIS 500 STR, CIS 558 STR, ENG 105 GCU, FIN 390 DeVry, FIN 504 GCU, HCA 545 GCU, HCA 699 GCU, HLT 306 GCU, HLT 362 GCU, HLT 555 GCU, HLT 610 GCU, HLT 665 GCU, HOSP 594 DeVry, HRM 600 DeVry, MAT 144 GCU, MGMT 600, MGT 599 STR, MGT 655 GCU, MKT 373 GCU, PSY 362 GCU, PSY 565 GCU, PSY 575 GCU, PSY 665 GCU, SOC 102 GCU, SOC 320 GCU, SOC 372 GCU, SOC 412 GCU, NSG 6440 SU, HIM 515 GCU, NSG 4029 SU, HIM 615 GCU, NSG 3029 SU, NSG 4055 SU, NSG 6630 SU, NSG 6005 SU, CRMJ 310, PSY 510 GCU, CRMJ 300 Devry, CRMJ 425, SPD 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 GCU, MGT 640 GCU, CIS 527 STR, SOC 436 GCU,ACC 502 GCU, FIN 504 GCU , MATH 260 DeVry ,ETHC 445 DeVry ,ECET 220 DeVry , CARD 405 DeVry, NETW 203 DeVry, NETW 205 DeVry, ECET 365 DeVry ,MATH 270 DeVry ,PHYS 310 DeVry, BIB 106 GCU ,CIS 512 STR ,SYM 506 GCU ,ECN 601 GCU ,BIAM 570 DeVry, PSY 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 GCU , ECS 555 GCU , TSL 552 GCU , ECS 560 GCU , NRS 493 GCU , ECS 570 GCU , BUS 352 GCU , MIS 660 GCU
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