Computing coefficient of determination

Assignment Help Basic Statistics

Reference no: EM1311632

Q1) 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 the relationship between the Sales, (X), and the /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 the above table?

b) Computed the value of b₀ and b₁

c) Write the regression equation approximately.

d) Computed the coefficient of determination(r²)

Reference no: EM1311632

Questions Cloud

The equations of force and motion objective questions : The equations of force and motion objective questions.

How much work is completed by the gas : What is an initial and final energy of the system energy? It takes .005 seconds for the bullet to embed itself into the block. What is an average impact force it experience.

What is the magnitude of the other force : Water runs out of the horizontal drainpipe at the rate of 120 liters per minute. It falls 3.20 m to the ground. Assume the water doesn't splash up, what average force does it exert on the ground? (1 liter = 1 kg.)

Discuss on anon don or continue of the project using npv : Discuss on anon don or continue of the project using NPV analysis and What is the NPV of the option to continue

Computing coefficient of determination : Write the regression equation approximately. Computed the coefficient of determination(r 2 ).

Confidence interval for population mean : Compute the sample variance and the sample standard deviation for these data (to 2 decimals).

Evaluate the company''s breakeven point : Calculation of unit sales volume where income equals costs - Evaluate the company's breakeven point, i.e., at what unit sales volume would income equal costs?

Both originally at rest on a frozen lake : Billiard ball A of mass = 0.130 moving with speed = 2.80 strikes ball B, initially at rest, of mass = 0.150. Consequently of the collision, ball A is deflected off at an angle of 28.0 with the speed = 2.00.

Show what information captain peachfuzz : Show what information Captain Peachfuzz may provide to the auditor about Baddenoff possible claim against Natasha. (Assume that the amount involved is material to Natasha.)

User Account

All Pages