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M3 - Discussion

M3 - Discussion

Q Throughout this module, we have made the assumption that the business phenomenon under consideration can be represented as a linear relationship between the outcome (dependent) variable and the predictor (independent) variables. In this discussion, you will need to consider various aspects of that relationship. You should answer the following questions: • Is it possible to use a linear relationship to represent every business phenomenon? Why or why not? • How can you use linear regression if there is no linear relationship?

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Linear regression is used to explore the linear relationship between variables; it is commonly used in daily life to predict the outcome based on exposure.