Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Question: 1. For a given line of best fit, you compute that r = -0.7204 using n = 8 data points, and the critical value is = 0.707. Can the line be used for prediction? Why or why not

2. For a given line of best fit, you compute that r = 0 using n = 100 data points. Can the line be used for prediction? Why or why not?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92476625
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

A doctor whats to exam prior medical records in an attempt

A doctor whats to exam prior medical records in an attempt to estimate the proportion of juvenile valley fever cases that escalated to spinal meningitis. He wants to estimate the proportion within 2% with 98% certainty. ...

What are the differences between the federal deficit and

What are the differences between the Federal deficit and Federal Debt? How does a government budget deficit affect the economy, specifically the unemployment rate and job creation? Identify two periods in recent history ...

What is an important benchmark for any kind of business and

What is an important benchmark for any kind of business and for business how would you use break even in making business decisions?

Suppose a sampling space has things a b and c twice draw

Suppose a sampling space has things a, b, and c. Twice draw from the sample space and replace. The possible sequence formed are {aa,ab,ac,ba,bb,bc,cacb,cc}. Now suppose there are Y different things. There are Y ways the ...

You work for a large company with tens of thousands of

You work for a large company with tens of thousands of retail outlets throughout the world. The average sales at each retail outlet is $2,400,000 per year, with a standard deviation of $600,000. You want to put in place ...

Lisa anderson expects to need 80000 for a down payment on a

Lisa Anderson expects to need $80,000 for a down payment on a house in six years. How much would she have to invest today in an account paying 7.25 percent in order to have $80,000 in six years? (Round answer to 2 decima ...

What is liquidity and why is liquidity important to the

What is liquidity and why is liquidity important to the success of a business? Give the Reference

There are 5 women and 8 men in a department how many ways

There are 5 women and 8 men in a department. How many ways can a committee be selected if there must be 2 men and 2 women on the committee? Number of ways to select a committee containing 2 men and 2 women is

For the given cash flows below assume the cash flow is the

For the given cash flows below, assume the cash flow is the same in the next 2 years. Compute the NPV for each project, and compute the incremental IRR. Compare and explain why NPV always gives the correct decision.      ...

1i which of the following characterizes a market ordera a

1) i. Which of the following characterizes a market order? a) A market order, which is considered a small order, is when 100 shares of a stock are ordered b) A market order is when the investor specifies the maximum pric ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As