Business Management Presentation

Business Management Presentation

Description

Deliverable 6 – Analysis with Correlation and Regression item options

Assignment Content

  1. COMPETENCY

    Determine the linear correlation and regression equation between two variables to make predictions for the dependent variable.

    STUDENT SUCCESS CRITERIA

    View the grading rubric for this deliverable by selecting the “This item is graded with a rubric” link, which is located in the Details & Information pane.

    SCENARIO

    According to the U.S. Geological Survey (USGS), the probability of a magnitude 6.7 or greater earthquake in the Greater Bay Area is 63%, about 2 out of 3, in the next 30 years. In April 2008, scientists and engineers released a new earthquake forecast for the State of California called the Uniform California Earthquake Rupture Forecast (UCERF).

    As a junior analyst at the USGS, you are tasked to determine whether there is sufficient evidence to support the claim of a linear correlation between the magnitudes and depths from the earthquakes. Your deliverables will be a PowerPoint presentation you will create summarizing your findings and an excel document to show your work.

    Concepts Being Studied

    • Correlation and regression
    • Creating scatterplots
    • Constructing and interpreting a Hypothesis Test for Correlation using r as the test statistic

    You are given a spreadsheet that contains the following information:

    • Magnitude measured on the Richter scale
    • Depth in km

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      Business Management Presentation
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