Experiment was performed on certain metal to determine

Assignment Help Business Economics
Reference no: EM131391862

An experiment was performed on a certain metal to determine if the strength is a function of heating time (hours). Results based on 20 metal sheets are given below. Use the simple linear regression model.

∑X = 40

∑X2 = 200

∑Y = 70

∑Y2 = 545

∑XY = 300

Find the estimated y intercept and slope and write the equation of the least squares regression line. Estimate Y when X is equal to 3 hours. Also determine the standard error, the Mean Square Error, the coefficient of determination and the coefficient of correlation and check the relation between coefficient of correlation and coefficient of determination. Finally, perform the test of significance of the slope coefficient.

Reference no: EM131391862

Questions Cloud

Product of the scottish enlightenment : Adam Smith was a product of the Scottish enlightenment. Why is this important? Summarize his political-economic vision and his main contributions including his theory of moral sentiment, the division of labor and its implications, his theories of val..
Using box-jenkin four-step method : Explain the four steps of Box-Jenkin’s methods of forecasting. Using Box-Jenkin’s four-step method, forecast the US quarterly GDP for the second quarter of 2015.
True statement regarding free trade : Which of the following is NOT a true statement regarding free trade?
The risks related to reducing the reserve requirement : Over the past 7 years the Federal Reserve has taken many expansionary actions such as keeping interest rates low and buying government bonds and mortgage-backed securities to increase the money supply, hoping to spur buying and investment. However, a..
Experiment was performed on certain metal to determine : An experiment was performed on a certain metal to determine if the strength is a function of heating time (hours). Results based on 20 metal sheets are given below. Use the simple linear regression model.
When derivative contracts on standardized and traded : When derivative contracts on standardized and traded on an exchange:
Continuous compounding of the discrete cash flow : Find the present value under continuous compounding of the discrete cash flow Fn = A, n=h, h +1, . . . , h+k if the nominal interest rate per period is r. Compute the present value for A=25,000, h=18, k=4, and r=8%.
What is neoliberal capitalism : What is neoliberal capitalism? What are its major tenets? How does NAFTA represent these core points? What have been the effects of neoliberal capitalism on the working class?
Does blowing the whistle violate company loyalty : What is Kohlberg's theory about and what are the key elements? Does blowing the whistle violate company loyalty? I need both yes and no answer. What is the chance of rolling a 7 with a pair of honest dice? Is this a case of risk or uncertainty? What ..

Reviews

Write a Review

Business Economics Questions & Answers

  Indirect price discrimination differs from direct price

Indirect price discrimination differs from direct price discrimination because:

  What are implications for cash flow and shareholder wealth

Companies often try to keep accounting earnings growing at a relatively steady pace, thereby avoiding large swings in earnings from period to period. They also try to meet earnings targets. To do so, they use a variety of tactics. Why are firms even ..

  Market demand for product with no change in market supply

If there were a decrease in the market demand for a product with no change in market supply, the equilibrium price would:

  Explain the process to create collateralized debt obligation

Explain the process to create Collateralized Debt Obligations (CDOs) ? Why it is perceived by many investors that the first tranche is a safe asset ?

  Calculate the herfindahl-hirschman indexes

Calculate the Herfindahl-Hirschman Indexes for 2006 and 2011. What information does this index tell you about changes in the industry? How does this information differ from the four-firm and eight-firm indexes?

  Calculate currency-to-deposit ratio and money multiplier

Calculate the currency-to-deposit ratio (cr), and the money multiplier (m) given the above values. Calculate total required reserves (RR), total actual reserves (AR) and the monetary base (MB). Now assume the FED lowers the required reserve ratio to ..

  Equity portion of financing is from sale of common stock

Acme Manufacturers, Inc. has a stock price of $50. In the fiscal year just ended, dividends were $2.00. Earnings per share and dividends are expected to increase at an annual rate of 8 percent. Delta can sell bonds that mature in 25 years with a par ..

  Economic growth rate and growth rate of real GDP per person

Isreal's real GDP was 514 billion new shekels in 2005 and 534 billion new shekels in 2006. Israel's population growth rate in 2006 was 2.2 percent. Calculate Israel's economic growth rate and growth rate of real GDP per person in 2006.

  Briefly explain why firms that pursue cost leadership

Briefly explain why firms that pursue cost leadership or diffentiation achieve returns that are about equivalent, have higher returns, and firms that are stuck in the middle have the lowest returns?

  Lottery winnings affect the position of his budget line

Joe won $365,000 a year for life in the state lottery. Use a labor-leisure choice analysis to answer the following: Show how Joe’s lottery winnings affect the position of his budget line. Joe’s utility function for goods per pay (Y) and hours of leis..

  Economic theory would suggest that the profitability

Economic theory would suggest that the profitability of an industry would be

  Compute intercept and slope of demand curve

Graph the demand curve, and give some verbal interpretation.  Compute the intercept and slope of the demand curve.

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