Create one scatter plot of the data, and apply a linear model (also known as a regression): Include the equation, R2 value, and prediction value on the visual

Create one scatter plot of the data, and apply a linear model

Create at least two visuals using your data from the data you chose in Week 2.

  1. Create one scatter plot of the data, and apply a linear model (also known as a regression) in Excel®. Include the equation, R2 value, and prediction value on the visual.
  2. Create one scatter plot of the data, and apply an exponential model in Excel®. Include the equation, R2 value,  and prediction value on the visual.
  3. Determine whether the linear or the exponential model is a better representation of your data to base your prediction on. Explain why the model you chose is a better representation of your data.

Hints for Making an Effective Chart:

  • Decide why you are making a chart from this data.
  • Title each chart so that it aligns with the data and selected model.
  • Create descriptive labels for both the x- and y axes.
  • Resize the chart as needed so it can be viewed easily.
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