How do you determine the best type of function (linear, exponential, or quadratic) to model a given dataset?
Examine the rate of change: constant (linear), increasing/decreasing (exponential), changing direction (quadratic). 2. Plot the data to visualize the pattern.
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How do you determine the best type of function (linear, exponential, or quadratic) to model a given dataset?
1. Examine the rate of change: constant (linear), increasing/decreasing (exponential), changing direction (quadratic). 2. Plot the data to visualize the pattern.
How do you interpret a residual plot to assess the fit of a model?
1. Examine the scatter of residuals. 2. Random scatter indicates a good fit. 3. A pattern indicates a poor fit.
Given a set of data and a proposed linear model, how do you calculate the residuals?
1. For each data point, use the linear model to predict the y-value. 2. Subtract the predicted y-value from the actual y-value to find the residual.
Given a set of data and a proposed exponential model, how do you calculate the residuals?
1. For each data point, use the exponential model to predict the y-value. 2. Subtract the predicted y-value from the actual y-value to find the residual.
Given a set of data and a proposed quadratic model, how do you calculate the residuals?
1. For each data point, use the quadratic model to predict the y-value. 2. Subtract the predicted y-value from the actual y-value to find the residual.
How do you choose between overestimating and underestimating in a real-world scenario?
Consider the consequences of each. Choose the prediction that minimizes the potential negative impact.
How do you build a model to fit a given dataset?
1. Plot the data. 2. Determine the type of function (linear, exponential, or quadratic) that best represents the data. 3. Find the equation of the function.
How do you validate a model?
1. Calculate the residuals. 2. Plot the residuals. 3. Check for random scatter.
How do you determine if an exponential model is a good fit for a dataset?
1. Calculate the residuals. 2. Plot the residuals. 3. Check for random scatter.
What are the key differences between linear and exponential functions in the context of data modeling?
Linear: Constant rate of change | Exponential: Changing rate of change, growth/decay patterns.
What are the key differences between quadratic and exponential functions in the context of data modeling?