Find the regression equation

Assignment Help Basic Statistics
Reference no: EM132423770

Question 1:

Suppose the regression equation output is


coefficient

Standard error
Intercept

40

3

Advertising

4

2

Advertising2

-0.3

1

So the regression equation is

Profit = 40 + 4 Advertising - 0.3 Advertising2

Predict profit if the Advertising is $9

Question 2:

Suppose the regression equation output is

 


coefficient

Standard error
Intercept

41

3

Price

8

2

Price2

-0.2

1

So the regression equation is

Profit = 41 + 8 Price - 0.2 Price2

Predict profit if the Advertising is $6

Reference no: EM132423770

Questions Cloud

Which group of inmates poses the greatest problem for staff : Which group of inmates discussed in this chapter do you think poses the greatest problem for staff? Which group of inmates discussed in this chapter.
What kinds of juvenile delinquency programs exist : Write a 250-word summary answering the following questions: What kinds of juvenile delinquency programs exist? Are the programs effective?
What is combined velocity immediately after the collision : A 1200kg car moving at 12.8m/s collides with stationary car of mass 1500 kg. of the two vehicles lock together
Discuss the prevalence of state laws : Discuss the prevalence of state laws which criminalize various types of hate crimes. Describe how you would collect data measure the victimization.
Find the regression equation : So the regression equation is and Predict profit if the Advertising is $6
What gravitational force does each exert on the other : Problem: The centers of a 9.0 kg lead ball and a 60 g lead ball are separated by 9.0 cm.
About the golf scores : program that will read each player's name and golf score as keyboard input, and then save these as records in a file named golf.txt.
Discuss the benefits and drawbacks related to technology : Provide examples of how technology has affected critical thinking and creative thinking in criminal justice. Discuss the benefits and drawbacks related.
What is the speed of the car at the top : As a roller coaster car crosses the top of a 60 m -diameter loop-the-loop, its apparent weight is the same as its true weight.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Lessor entries-sales-type lease-bench inc

Bench Inc., an equipment manufacturer, leased a machine to Unicycle Company on January 1, 2014. The lease is for a 6-year period and requires equal annual payments of $41,747 at the beginning of each year.

  Find the area of the shaded region

Find the area of the shaded region where a = -0.79 and b = 1.87, the graph may not be drawn to scale. Round to four decimal places

  View the various sectors of the financial markets

As we know the financial market is made up of several sectors but why it would be incorrect to view the various sectors of the financial markets

  Assumptions of correlated-groups and measure effect

What are the assumptions of a correlated-groups t-test? What measure of effect size is used for a correlated groups t-test?

  Show that difference between the type a and type b account

Show that the difference between the type A and type B account values at the end of the year is the same as the difference between the type B and type A COI for that period, accumulated with interest to the end of the..

  Average forecast of demand

Compute a 3 month moving average forecast of demand for April through January (of the next year). Compute a 5 month moving average forecast for June through January

  Problem regarding the maximal chain

Prove it is equivalent to AC that in every partially ordered set, every chain is included in a maximal chain.

  What is the value of the property

Consider a property with expected future net cash flows of $25,000 per year for the next five years (starting one year from now).

  Interpret the percentile in the female distribution for girl

Shoes How many pairs of shoes do students have? Do girls have more shoes than boys? Here are data from a random sample of 20 female and 20 male students.

  What is the probability that the sample proportion

What is the probability that the sample proportion is between 0.22 and 0.39?

  Measuring your success on the test

If your were among 50 people taking a test and 30 scored better than you and 19 scored worse than you, what percentile would you be in measuring

  Probability of recruiting graduating seniors

A large state university sends recruiters throughout the state to recruit graduating high school seniors to enroll in the university.

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