Regression analysis and anova

Assignment Help Basic Statistics

Reference no: EM1396901

1. Smith Software Inc. is a computer software firm that has grown in size in recent years. To assist in its planning for future growth, you are to determine the trend of the number of accounts based upon the below.

Month Number of Accounts

1 76

2 90

3 93

4 104

5 103

6 111

7 123

a. Plot these data in a scatter diagram.

b. Develop the trend equation for these data.

c. Predict the number of accounts for month #8.

2. Is there a significant difference in automobile insurance rates in different cities of comparable size in the U.S.? To answer this question a survey was taken in 3 cities. A sample of 6 auto insurance premiums was taken for married, male drivers, over 35 years-of-age, with no accidents in the last 5 years. The table below contains semi-annual premiums for equal policy coverage. Answer the question above using the 0.05 level of significance.

Baton Rouge Fresno Tulsa

98 124 82

128 149 124

83 166 132

61 147 135

101 149 109

78 130 121

Reference no: EM1396901

Questions Cloud

Show the spne strategies : If the game was played twice, would playing in the first period be a subgame perfect equilibrium first-period outcome? Explain why or why not.

Predict the equilibrium allele frequencies : What is a fitness function? Describe how you can use a fitness function to: 1) determine whether an allele is dominant, co-dominant, or recessive AND beneficial, deleterious, neutral, or experiencing some other form of selection, and 2) predict th..

Diagram and describe what happens to loci : Diagram and describe what happens to loci and alleles during sexual reproduction (meiosis & syngamy) and explain how this relates to Mendel's laws and gene linkage.

Determine most basic unit of structure and function : Diseases caused by eukaryotic parasites are much harder to treat than bacterial infections. What is the reason?

Regression analysis and anova : Smith Software Inc. is a computer software firm that has grown in size in recent years. To assist in its planning for future growth, you are to determine the trend of the number of accounts based upon the below.

Estimate of companies cost of equity be if he uses the capm : estimated market risk premium of 5%, illustrate what should Jims estimate of Companies cost of equity be if he uses the CAPM?

Showing that the drug has a beneficial effect : The t-statistics that was obtained in the study of 400 subjects was t=20, rejecting the null hypothesis and showing that the drug has a beneficial effect. Why was management upset?

How verbal-nonverbal communication affect courtroom setting : Write down 1,750- to 2,100-word paper explaining how verbal and nonverbal communication can influence communication in following areas: Courtroom setting (testifying)

Identify the five forces of the industry environment : Identify the positive and negative effects of the general environment faced by Saffronart. Identify the 5-forces of the industry environment. Explain how Saffron art is positioned relative to each of them

User Account

All Pages