Te accompanying data are x advertising share and y , Ask an Expert

Statistics

The accompanying data are x = advertising share and y = market share for a particular brand of cigarettes during 10 randomly selected years.

x .101 .072 .071 .077 .086 .047 .060 .050 .070 .052

y .135 .127 .122 .086 .079 .076 .065 .059 .051 .039

a) calculate the equation of the estimated regression line. (round to 6 decimal places)
y=

b.) Obtain the predicted market share when the advertising share is 0.09 (round to 5 decimal places)

c.) Compute r2 (round to 3 decimal places)

d.) Calculate the point estimate of o` (round to 4 decimal places)

e.) On how many degrees of freedom is your estimate based?

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M91000044

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

How does sampling distribution from an area such as

How does sampling distribution from an area such as business, and sports, used in marketing

Is the following an example of a binomial experimentat a

Is the following an example of a binomial experiment? At a campus activities board event, an entertainer gives tickets with sequential numbers to every attendee (i.e. 1, 2, 3, 4, 5... n). Throughout the event, the entert ...

Zero-coupon bonds with a par value of 1000000 have a

Zero-coupon bonds with a par value of $1,000,000 have a maturity of 10 years and a required rate of return of 9 percent. What is the current price?

List the three assumptions of the independent groups t-test

List the three assumptions of the independent groups t-test. The consequences of violating which assumption are exacerbated if you have unequal N

Using chebysheffs theorm you have concluded that at least

Using Chebysheff's theorm, you have concluded that at least 77.66% of the 3,075 runners took between 60.5 and 87.5 minutes to complete the 10km race. What was the standard deviation of these 3,075 runners?

Can someone help me determine how 1107 was obtainedin order

Can someone help me determine how 11.07 was obtained? In order to determine the Chi-Square Critical for the Chi-Square. You need to find out the Degrees of Freedom (DF) DF = (Number of Rows - 1 * Number of Columns - 1) ...

The length of time needed to complete certain test is

The length of time needed to complete certain test is normally distributed with mean 74 minutes and standard deviation 17 minutes. Find the probability that it will take more than 70 minutes to complete the test. 0.7035 ...

Some statistics students were interested in finding out in

Some Statistics students were interested in finding out in there was a relationship between the number of hours of study for a chapter and the score on that test. On the basis of the number of hours their classmates stud ...

How is calculating confidence interval different or similar

How is calculating confidence interval different or similar to gambling?

Letnbspnmnbspv denote the normal random variable with

Let N ( m , v ) denote the normal random variable with mean m and variance v . (a) If X is a Standard Normal variable, what is the distribution of the random variable 4 X - 1? (b) If X ~ N (3,1) and Y ~ ...

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

Recent Questions

Ask Statistics and Probability Expert