User Account

All Pages

Calculate the correlation coefficient with all three methods

Assignment Help Managerial Accounting
Reference no: EM131625066

All the calculation must be done with Excel and please submit your Excel file here.

1. Calculate the mean and standard deviation of # of sales people (x) and sales (y). Find sample size n.

2. Calculate the correlation coefficient with all three methods (covariance method, z-score method, and correlation tool in Excel).

3. Find b0 and b1 for the linear regression model with all three methods (two different formulas and Solver). Interpret the meaning of b1 of this linear regression model.

4. Calculate Se and SST.

5. Calculate R square with both methods (correlation coefficient method and the formula r square = 1 - SSE/SST). Interpret the meaning of R square of this linear regression model.

6. Use Regression tool in Excel to find b0, b1, SSE, SST, r, R square, and Se.

7. Estimate the sales if the number of sales people working is 8, 13, and 19, respectively.

Reference no: EM131625066

Questions Cloud

Can you diagram the logical argument used in the claim : Can you diagram the logical argument used in the claim? What guiding principles are you able to use when looking at the claim?
What role might contribution margin per unit : What role might contribution margin per unit of limited resource play in this decision - Should the marketing department be involved
Have we chosen the right employee : Once an organization has recruited candidates and they are going through the application process, how do they select the right employee?
What is the amount of total shareholders equity : If Coral Cleaners Ltd repurchased 500 ordinary shares for $20 per share, what is the amount of total shareholders' equity after this transaction
Calculate the correlation coefficient with all three methods : Calculate the correlation coefficient with all three methods (covariance method, z-score method, and correlation tool in Excel).
Define mikaela makes a sign to put up in her cake shop : Mikaela makes a sign to put up in her cake shop. She positions the sign on the wall next to the counter where customers are served.
Create a project management plan : Create a project management plan for your client that outlines how you will implement the HRIS in Gladwell Grocery Stores.
How much cash was paid for inventory : Cold and Flu Corp. reported the following information for 2012 and 2013. How much cash was paid for inventory during the 2012/13 financial year
Post a brief statement that expresses your thoughts : What application (example/analysis) in the course did you think was most useful to you and your professional goals

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd