The ACCA Learning Community
Home
Learning Channels

Ethics module Unit 7 - Data Analytics End of Unit Assessment

+1 Vote
Ethics module Unit 7 - Data Analytics End of Unit Assessment

Hi,

Has anyone been able to complete the end of unit assessment for data analytics?

I have no clue how to interpret the regression analysis results and have been stuck at it for quite awhile.

I can only get question 4 correct.

Appreciate any help I can get.

Thank you.

Ramla

March 9th 2021 AN ACCA USER

Retagged March 9th 2021

2 Replies

0 Votes

Hi Ramla,

In order to interpret the regression analysis you need to go back to the "type of analytics". P-Value, Significance F and R^2 are explained there.

For predicting dependent variables you need to use this formula, for example for predicted ticket sales: Y = Intercept + "X Variable 1" * coefficient +"X Variable 2" * coefficient + "X Variable 3" * coefficient. It was presented as follows in the example and was very confusing for me too: Y = 588 - 30X1 - 20X2 + 10X3.

Best,
Ana

March 9th 2021 AN ACCA USER

Edited March 11th 2021 AN ACCA USER
0 Votes

Share your whatsapp number

March 23rd 2021 AN ACCA USER
57 student(s) online now
...