THE OPTIMAL SOLUTION TO THE PROBLEMS BY REGRESSION ANALYSIS
Journal Title: Journal of Engineering Management and Competitiveness (JEMC) - Year 2019, Vol 9, Issue 1
Abstract
Problems are various possible and impossible questions, tasks and riddles that are being set up and attempt to solve in different ways. However, assuming that half of all problems are not solvable and that the remaining one-fourth cannot be defined, there are good chances for a successful mathematical solution to the second quarter of the problem. Problem-solving using regression analyses allows determining the relationship between the dependent response and the independent factors through defined regression functions, relationship estimates, predicting results, simulating data, optimizing the sizes, and improving the resolution process. Although there are many regression analyses, linear regression analyses are usually used. The author proposes the application of Procedure for selecting a significant regression analysis between 16 different regression analyses and Procedures for solving regression analyses. Using this approach in this release, an optimal solution of the problem of finding the optimal best sun exposure position for the solar collector is shown.
Authors and Affiliations
Branko POPOVIĆ
THE ANALYSIS OF DIRECTIONS FOR IMPROVEMENT OF COMPETITIVENESS IN DOMESTIC HOTEL ENTERPRISES – STUDENTS ATTITUDES
Global market changes are forcing modern hotel enterprises to adjust their business in order to survive on the market by satisfying their end users. Serbian hotel enterprises have, in a certain extent, accepted new marke...
DEVELOPING A MODEL FOR IMPROVING BUSINESS AND COMPETITIVENESS OF DOMESTIC ENTERPRISES
Competitiveness of domestic enterprises on the international market is practically non-existent. The majority of small and medium-sized enterprises (SMEs) face difficulties when it comes to obtaining and maintaining a co...
IMPACT OF QUALITY ON IMPROVEMENT OF BUSINESS PERFORMANCE AND CUSTOMER SATISFACTION
In an immense market struggle, the only effective way to build a long-term competitive advantage is to provide a high level of quality. Offering quality to the market, the organization creates loyal consumers on the basi...
THE ANALYSIS OF MARKETING CONCEPT IMPLEMENTATION IN DOMESTIC ENTERPRISES
Global markets and modern business conditions require from enterprises to change their business philosophy and ways of behaviour in their business practice. Nowadays, in IT society, knowledge has become the basic resourc...
BIBLIOMETRIC ANALYSIS FOR PERFORMANCE MEASUREMENT IN BUSINESS, MANAGEMENT AND ACCOUNTING SUBJECT AREA
Based on our search in the Scopus data base with the phrases: “bibliometric analysis” and “performance measurement” and ”business, management and accounting” in title – abstract – keywords we have not found any study con...