Question 3In which of the following would you use Multiple Linear Regression?1 pointPredict whether a customer is likely to repay a loan based on age and income.Predict CO2 emission of a car based on engine size.Recommend products to customers based on their demographic characteristics.Predicting the production of apples in an orchard based on temperature and rainfall.
Question
Question 3In which of the following would you use Multiple Linear Regression?1 pointPredict whether a customer is likely to repay a loan based on age and income.Predict CO2 emission of a car based on engine size.Recommend products to customers based on their demographic characteristics.Predicting the production of apples in an orchard based on temperature and rainfall.
Solution
Multiple Linear Regression is used when we want to predict the value of a variable based on the value of two or more other variables. The variable we want to predict is called the dependent variable and the variables we use to predict the value of the dependent variable are called independent variables.
In the given options:
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Predict whether a customer is likely to repay a loan based on age and income: This is a case of multiple linear regression as we are using two independent variables (age and income) to predict a dependent variable (likelihood of loan repayment).
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Predict CO2 emission of a car based on engine size: This is not a case of multiple linear regression as we are using only one independent variable (engine size) to predict a dependent variable (CO2 emission).
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Recommend products to customers based on their demographic characteristics: This could be a case of multiple linear regression if we are using multiple demographic characteristics (independent variables) to predict product recommendation (dependent variable). However, it could also involve other types of analysis or algorithms, such as clustering or classification, depending on the specifics of the situation.
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Predicting the production of apples in an orchard based on temperature and rainfall: This is a case of multiple linear regression as we are using two independent variables (temperature and rainfall) to predict a dependent variable (apple production).
So, the options where you would use Multiple Linear Regression are: "Predict whether a customer is likely to repay a loan based on age and income" and "Predicting the production of apples in an orchard based on temperature and rainfall". Depending on the specifics, you might also use it in "Recommend products to customers based on their demographic characteristics".
Similar Questions
When do we use multiple regression
Select all the tasks where linear regression algorithm can be applied.Note: Multiple options can be correct.You have a data set of BMI (body mass index) and fat percentage of the customers of a fitness centre. The fitness centre wants to predict the fat percentage of a new customer, given his BMI.You have collected data from a house rental website like commonfloor.com. The data includes the rental prices of apartments and customer ratings as HIGH or LOW. You want to predict the customer rating, given the rental price of a new house.You want to predict the sales of a retail store based on its size, given the data set of sales of retail stores and their sizes.You want to predict whether a customer is likely to leave the telecom network.
Which of the following best describes the primary purpose of simple linear regression?A) To categorize independent variables into distinct groups.B) To establish a relationship between a dependent variable and multiple independent variables.C) To understand the correlation between two variables, but not to predict one from the other.D) To predict the value of a dependent variable based on the value of an independent variable.
In multiple regression, we predict y based on the different features present in ____________.
I predict house prices based on multiple features like area, bedrooms, and bathrooms. Which regression method am I?
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