once an equation for a regression is derived it can be used to predict possible future
how can regression model approach be useful in lean construction concept in the mass production of houses
I am not sure
the residual is the difference between the observed Y and the estimated regression line(Y), while the error term is the difference between the observed Y and the true regression equation (the expected value of Y). Error term is theoretical concept that can never be observed, but the residual is a real-world value that is calculated for each observation every time a regression is run. The reidual can be thought of as an estimate of the error term, and e could have been denoted as ^e.
Start with examples like flipping a coin, rolling a die or spinning a dreidel. Then explain in terms they understand. That depends very much on the age of the child.
Infinity is the concept of something that never ends. Obvious examples of this can be found in mathematics. A simple one would be "Limn→0 1/n".
how can regression model approach be useful in lean construction concept in the mass production of houses
Quarterly forecasting is basically an analysis of revenue and expenses to be earned or incurred in future. Revenues are best estimated with respect to product / service demand in the market. If an expert says that revenue will boom, that means profit will increase... so appropriately expenses will be more related to income...... this concept should alwaz be kept in mind in forecasting..... And also past % is to be seen and and those percents should be a point of forecasting also........ Thanks.
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can u explain to me about " the role of men and women within the yin and yang concept?" Can you explain me about the roles of men and women within the Yin and Yang concept?
concept is also know as antity