Last answered:

11 Apr 2022

Posted on:

01 Apr 2022

0

Is this a suitable situation for regression analysis? Shouldn't the answer be yes?

You have an ice-cream shop. You noticed a relationship between the number of cones you order and the number of ice-creams you sell. Is this a suitable situation for regression analysis?

Isn't this yes?

1 answers ( 0 marked as helpful)
Instructor
Posted on:

11 Apr 2022

0

Hello,
Yes, this is a possible situation when you can perform regression analysis once you have collected enough data.
Best,
Ned

Submit an answer