Estimate the retails sales in the us in 2014

Assignment Help Basic Statistics
Reference no: EM132907238

The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995.

Year Retail Sales

0 85.851

3 108.426

6 141.781

9 169.256

12 202.297

15 222.266

Estimate the retails sales in the U. S. in 2014. ______ billions of dollars.

Reference no: EM132907238

Questions Cloud

What should be the carrying value of the investment : Trunk Company has an investment property acquired at a cost of P1,700,000. What should be the Carrying value of the investment at the end of the year 2019
Examine issues about market share : Fuji Film Introduces APS n the early 2006s, Fuji Photo Film, USA, joined forces with four of its rivals to create the Advanced Photo System (APS),
What is the average waiting time : Use the following information to answer the next three exercises. The Sky Train from the terminal to the rental-car and long-term parking center is supposed to
What is relative frequency distribution : What is relative frequency distribution and percent frequency distribution base on the table?
Estimate the retails sales in the us in 2014 : The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995.
Explain regression equation and correlation coefficient : Using your favorite statistics software package, you generate a scatter plot with a regression equation and correlation coefficient
Calculate and compare the cost to make : Calculate and compare the cost to make vs the cost to buy to help make your decision. Also consider qualitative factors in your analysis
What is the probability of forming a six-digit odd : What is the probability of forming a six-digit odd number less than 200000 if digits 1.1.2.2.3 and 5 must be used?
Compute the confidence interval : The mayor is interested in finding a 90% confidence interval for the mean number of pounds of trash per person per week that is generated in the city.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the contribution margin per haircut with the barbers

find the contribution margin per haircut. with the barbers compensation at a fixed cost what are the totals?find the

  Linear regression equation and forecast

The following table summarizes data between money spent on gambling and winnings for Robert.

  What is the mean of sample means

What is the mean of these sample means? What is the standard deviation of all the sample means?

  What is the probability that a project will be finished

The time to complete 1 construction project for company A is exponentially distributed with a mean of 1 year. Therefore:

  Percent of observations that fall within standard deviation

Calculate the percent of observations that fall within 1, 2, and 3 standard deviations of the mean. How do these results compare with the 68-95-99.7 rule?

  Derive expression for a and b in terms of standard

derive expression for a and b in terms of standard deviation of x and y mean of x and y and the correlation bw x and y.

  Determining confidence interval and sample size

A sample of 35 different HR departments found that employees worked an average of 240.6 days a year. If the population standard deviation is 18.8 days

  What is the average cost per burger

What is the average cost per burger when the firm produces 2 million hamburgers?

  Probability that the mean number of evenings

For each of the following situations, tell whether the two probabilities should be equal:

  An educator wants to determine whether early exposure to

an educator wants to determine whether early exposure to school will affect iq. he enlists the aid of the parents of 12

  Why is the central limit theorem such a powerful tool

Why is the central limit theorem such a powerful tool? Can it really be applied in a setting that has many people under study?

  Explain in given context what the p value means

What are the researchers null and alternative hypotheses?- State your conclusion.- Explain in this context what the P-value means.

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!

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