Sample Essay

The model A that has been developed or the information pertaining to the PFARG staffing costs and the number of active members in the organization provides a comprehensive and definitive regression line. This line can be used to predict the staffing costs for any number of active members in the organization. This is because the regression line depicts the best suited flow and trend of information as per the data provided for the staffing costs and the number of active variables in the organization. The regression line is the best fit for the coordinates that were depicted on the correlation diagram. It makes sense of the data and the scattered plotting of the coordinates.

The regression line as a result provides the organization with a tool with which it can predict and determine the staffing costs for any number or value of active members in the organization. The tool is highly useful when the company is planning on increasing its employee base or is planning to reduce its workforce as the resultant staffing costs would be represented through the line. The line is valid and relatively accurate as it is based on historical information provided by the company

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Essay: Model Analysis on Regression
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