Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

What is an example of using a regression technique in the workplace (example: using regression analysis for forecasting sales, or demand of a product in manufacturing). what variables would be used, how would data be obtained?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92771004
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Economics

A country has a total of three cities and city a has a

A country has a total of three cities and city A has a population of 550,000 and city B has a population of 200,000 and city C a population of 10,000. Sixty physicians in the country. The per capita demand for medical ca ...

Two products are manufactured by a company product 1 brings

Two products are manufactured by a company. Product 1 brings a profit of $48 per unit and product 2 earns a profit of $36 per unit. There are 120 1b. of raw material on hand. For production, each unit of Product 1 requir ...

A data set amount in dollars spent on books for a semester

a. Data set: Amount (in dollars) spent on books for a semester. Number of classes: 6 91 472 279 249 530 376 188 341 266 199 142 273 189 130 489 266 248 101 375 486 190 398 188 269 43 30 127 354 84 b. Number of classes: 5 ...

Listed in increasing order are the same creatine

Listed in increasing order are the same creatine phosphokinase (CK) levels of (U/I) of 36 healthy men (these are the data given below): 25 62 82 95 110 139 42 64 83 95 113 145 48 67 84 100 118 151 57 68 92 101 119 163 58 ...

Sppose a and b are collectively exhaustive in addition pa

Suppose A and B are collectively exhaustive. In addition, P(A) = 0.2 and P(B) = 0.8. Suppose C and D are both mutually exclusive and collectively exhaustive. Further, P(C|A) = 0.7 and P(D|B) = 0.5. What are P(C) and P(D) ...

Number of cars average trvel time between a and b using

Number of cars Average trvel time between A and B using route 1 1 10 2 10 3 10 4 11 5 12 6 14 7 18 8 24 Alternative route 2: average travel time is 18 minutes (no matter how many cars are using it) How many cars will tak ...

Suppose in equilibrium and in a closed economy at the point

Suppose, in equilibrium and in a closed economy, at the point of tangency between the iso-value line and the ppf, we observe that MPLf= 8 MPLm= 2 and PM=1 what is Pf? what is the wage?

Why does a government undertakes expansionary fiscal

Why does a government undertakes expansionary fiscal policy? What are the problems of undertaking expansionary fiscal policy? When is fiscal policy more appropriate than monetary policy?

Recent studies have confirmed that there is a relationship

Recent studies have confirmed that there is a relationship (r = -.43) between the average number of minutes someone spends text messaging during class and their final grade in that given class. Based on their data the fo ...

An insurance company will pay dave 220000 the market value

An insurance company will pay Dave $220,000 (the market value of the house) should his house be destroyed by fire during the year. In return, Dave pays the insurance company $1280 that year (called the "premium") for tha ...

  • 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