Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Simple linear regression equation and coefficient of determination 

Mr. Allen Profit is studying companies going public for the first time. He is studying companies going for the first time. He is particularly interested in relationship between the Sales, (X), and /units sold,(Y). A sample of 10 companies that recently revealed the following information:

 

Sales(X)

14

35

22

29

6

15

17

20

12

29

Units sold(Y)

28

66

38

70

22

27

28

47

14

68

XY

 

Y^

 

e

 

a)      What is the dependent variable in above table?

b)     Computed the value of b0 and b1

c)      prepare down the regression equation approximately.

d)     Computed the coefficient of determination (r2)

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M918122

Have any Question? 


Related Questions in Statistics and Probability

When how and why was israel created discuss the six day

When, how, and why was Israel created? Discuss the Six Day War and the Yom Kipper War from both the Israeli and Arab points of view. Who are the most important leaders and personalities in the Middle East today?How might ...

Assignment1 assume the speed of vehicles along a stretch

Assignment 1. Assume the speed of vehicles along a stretch of I-10 has an approximately normal distribution with a mean of 71 mph and a standard deviation of 8 mph. The current speed limit is 65 mph. a. What proportion o ...

A cotton grower in south georgia produces cotton on farms

A cotton grower in South Georgia produces cotton on farms in Statesboro and Brooklet, ships it to cotton gins in Claxton and Millen where it is processed, and then sends it to distribution centers in Savannah, Perry, and ...

Assignment- probability1a credit card company decides to

Assignment- Probability 1. A credit card company decides to study the frequency with which its cardholders charge for items from a certain chain of retail stores. The data values collected in the study appear to be norma ...

1 in may the mean price of gas in the buffalo area was 2714

1. In May, the mean price of gas in the Buffalo area was $2.714 per gallon with a standard deviation of $0.045. In a sample of 32 gas stations, what percentage will have a price per gallon of gas between $2.695 and $2.72 ...

1 what are the most important threats to validity that

1. What are the most important threats to validity that occur in quasi experimental research designs when the research is conducted over a period of time? What techniques can be used to minimize these potential interpret ...

Consider rolling a fair 6-faced die twice let a be the

Consider rolling a fair 6-faced die twice. Let A be the event that the sum of the two rolls is atmost 6, and B be the event that the first one is an even number. (a) What is the probability that the sum of the two rolls ...

A research concludes that the number of hours of exercise

A research concludes that the number of hours of exercise per week for adults is normally distributed with a mean of 3.5 hours and a standard deviation of 3 hours. Show all work. Just the answer, without supporting work, ...

1 why do researchers calculate the coefficient of

1. Why do researchers calculate the coefficient of determination? 2. What does a coefficient of determination of .40 indicate?

A using the table of critical values of t in appendix a-2

a. Using the table of critical values of t in Appendix A-2, find the critical value of t for an experiment in which there are 28 participants, using an alpha level of .05 for a one-tailed test b. Find the critical value ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro