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sir l have come to a test in the EPSM on data analytics and l am stuck on interpreting the results on a multiple regression analysis question,sir what should l do or could you recommend me any resources to use or l have to go through unit 7 of the module again on big data analytics
EPSM?
Multiple regression sounds a bit advanced for SBL and would have to becarefully explained in the question.
OK. Not something we get involved with as entirely run by ACCA.
The question can’t be too technical because multiple regression is not anywhere else on the syllabus (though simple linear regression is).
All multiple regression tries to do is to look for relationships between more than two variables. So, sales volume might depend on both price and amount spent on advertising. The important things about all regression are that:
(1) You need a reasonable amount of readings to establish a relationship.
(2) Low correlation coefficients (or low coefficients of determinations) mean you can put little trust in the relationship
(2) Even a good correlation does not prove cause and effect.
can i write the EPSM module before completion of F9 Papers as im left with F8,F6 papers
Yes. The only ACCA advice about timing is:
The module will also support you to exam success at Strategic Professional. We therefore recommend you complete the module towards the end of completing your Applied Skills exams and before attempting any Strategic Professional exams.
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