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GPA
The following table shows the grade point average (GPA)for 5 students along with their entrance exam scores for MBA programs (GMAT).Develop a model that would predict the GPA of a student based on their GMAT score.
-Determine the least-squares regression line.
Semantic Differential-Format
A type of survey question format that uses a scale allowing respondents to rate an object, concept, or event within the range of two bipolar adjectives.
Discrete Variables
Variables that assume a countable number of separate values, often representing categories or distinct groups.
Nominal
Refers to a type of variable that represents categories with no intrinsic order or ranking.
Ordinal
A scale of measurement where numbers represent ordered categories that have a meaningful sequence, but the intervals between the categories are not necessarily equal.
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