The occupations of registered nurse, food service employee, and customer service representative are among the 15 with the largest predicted growth from 2012 to 2022. The number of registered nurses is predicted to grow 318 thousand less than twice the number of food service jobs. The number of customer service jobs is predicted to grow 72 thousand more than half the number of food service jobs. If the total growth of these three jobs is predicted to be 1231 thousand, find the predicted growth of each job. (Source: U.S. Department of Labor, Bureau of Labor Statistics)
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
The occupations of registered nurse, food service employee, and customer service representative are among the 15 with the largest predicted growth from 2012 to 2022. The number of registered nurses is predicted to grow 318 thousand less than twice the number of food service jobs. The number of customer service jobs is predicted to grow 72 thousand more than half the number of food service jobs. If the total growth of these three jobs is predicted to be 1231 thousand, find the predicted growth of each job. (Source: U.S. Department of Labor, Bureau of Labor Statistics)
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