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Monthly Archives: December, 2023

How to Calculate Net Present Value (NPV) to Assess Investment Viability

Net Present Value (NPV) is a crucial investment evaluation method employed to assist companies in determining whether an investment or project will yield financial...

Testing and Interpreting Homoscedasticity in Simple Linear Regression with R Studio

Homoscedasticity is a crucial assumption in ordinary least square (OLS) linear regression analysis. This assumption refers to the consistent variability of regression residuals across...

How to Conduct a Normality Test in Simple Linear Regression Analysis Using R Studio and How to Interpret the Results

The Ordinary Least Squares (OLS) method in simple linear regression analysis is a statistical technique aimed at understanding the influence of an independent variable...

Simple Linear Regression Analysis Using R Studio and How to Interpret It

In the real world, accurate decisions need to be based on a deep understanding of data. One tool for processing and elaborating data is...

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