Confidence interval estimatation

Reference no: EM1390493

I need a workable excel linear regression analysis worksheet using data from fall 13 and case 3 of comparing the population to the price, etc. I have to address the fact the company is looking to open more stores and would like a forecast of monthly profit for each store. I am to use regression models developed along with "3a" to predict monthly of the profit for each of the stores. Please just show me how and explain as much as possible. I performed a linear regression for the Population to the monthly profit, but do not understand how to use the information. And I do not understand the confidence interval estimate; how do I use and decipher the info.

Reference no: EM1390493

Questions Cloud

Organizational levels in order starting at the atom : GIve the organizational levels in order, starting at the atom. Then, analyze how each level relates to specific functions and to each other.

What torque do his back muscles exert : What torque do his back muscles exert about an axis through his hips.

Probability distribution-mean and variance : The following problem develop the concept of determining the probability distribution of random variable and its mean and variance.

Choose one of the potential business owners : A serial entrepreneur who has previously started seven businesses (three of which were huge successes, whereas four failed, losing entire investments).

Confidence interval estimatation : I performed a linear regression for the Population to the monthly profit, but do not understand how to use the information. And I do not understand the confidence interval estimate; how do I use and decipher the info.

At what point does the ball have highest speed : A toy cannon uses a spring to project a 5.24 g soft rubber ball. The spring is originally compressed by 4.96 cm and has a force steady of 8.03 N/m.

How far did the car travel all through this time : A 2000 kg car is slowed down uniformly from 21.0 m/s to 6.00 m/s in 5.60 s.

Feedback mechanisms that maintain homeostasis : Review the feedback mechanisms that maintain homeostasis and what happens when these systems do not function appropriately. Give two specific examples for each.

How far up was the skiff does the arrow strike the apple : An apple is dropped from a 25m cliff. At the similar time, a person at the bottom of the cliff fries an arrow up towards the apple. The arrow sticks the apple 0.450 seconds later.

User Account

All Pages