Mathematics, 12.04.2021 20:50 zahradawkins2007
• ‘Franchise’ dataset. Assume Dependent variable (y) is ‘Start-up cost’. Perform the following tasks: • Create Scatter Plot including Trend Line and Prediction Formula. • Obtain standard error of the slope (linest function) • Create Forecast using prediction function • Measure Forecast Error (MAD, MSE, MAPE) and visualize using 2 histograms: Absolute Error, Absolute Percent Error. • Evaluate Slope and answer the question---Can we reasonably use this prediction function to forecast 'Start-up cost'? Answer should consider "confident" and "very confident". (summarize in
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• ‘Franchise’ dataset. Assume Dependent variable (y) is ‘Start-up cost’. Perform the following tasks...
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