Posted: April 19th, 2022
Is it possible to use a linear relationship to represent every business phenomenon? Why or why not?
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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.
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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