correlation and regression concepts, statistics homework help

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correlation and regression concepts, statistics homework help

Please answer the below two questions providing one paragraph for each. This is just a simple discussion and therefore no title page or headers are required.

Q1.Use the internet to find a website that shows an example or application correlation or regression in the area of your interest or in your profession. Discuss how correlation or regression was used, summarize your finding, and share it with us.

Q2. One of the most powerful tools in statistics is regression analysis. The goal is simply to find the best straight-line equation (linear regression equation) that best fits your data. What determines if the equation is “useful”? Why is this such an important topic in statistics? Where is linear regression analyzes used?