P-value ( Probability value)
- Null hypothesis ( H0) : There is no relationship between the two variables being studied.
- States results are due to chance.
- Null hypothesis assumes that whatever you are trying to prove didn’t happen.
- P-value is a number describing how likely it is true that your data would have occurred by random chance.
- P-value lies between 0 and 1.
Least squares method (LSM)
- It is a procedure hat minimizes the vertical deviations of plotted points surrounding a straight line.
- We are able to construct a best fitting straight line to the scatter diagram points and formulate a regression equation.
Unexplained variance
- 49% is due to fertilizer but what about 51%. It remains unexplained. Prediction hence is not perfect.
- For each value of x, we know the approx.. value of 4 but not the exact value.
Note:
i) The score that falls exactly on the regression line are called predicted scores.
ii) Line of best fit: It is a line that minimizes the distance of the actual score from the predicted score.