Reference no: EM13983166
The State Tax Commission must download information files each morning. The time to download the files primarily depends on the size of the file. The Tax Commission has asked your computer consulting firm to determine what, if any, relationship exists between download time and size of files. The Tax Commission randomly selected a sample of days and provided the information contained in the file Tax Commission.
a. Develop a scatter plot of the data with the dependent variable, download time, on the vertical axis and the independent variable, size, on the horizontal axis. Does there appear to be a relationship between the two variables? Is the relationship linear?
b. Compute the sample correlation coefficient between the two variables. Conduct a test, using an alpha value of 0.05, to determine whether the population correlation coefficient is significantly different from zero.
c. Determine the simple linear regression model for these data. Plot the simple linear regression model together with the data. Would a nonlinear model better fit the sample data?
d. Now determine a nonlinear model and plot the model against the data. Does the nonlinear model provide a better fit than the linear model developed in part c?
Impact of cloud computing in the field of journalism
: The impact of Cloud Computing in the field of journalism - Annotated Bibliography
|
Determine the margin of error for a confidence interval
: 1. Determine the margin of error for a confidence interval estimate for the population mean of a normal distribution given the following information:
|
Trend component of a time series
: a. What is meant by the trend component of a time series? How is a linear trend different from a nonlinear trend? b. Determine the actual percentage growth in the median selling price between the base year and year 10.
|
What is meant by time-series data
: 1. What is meant by time-series data? Give an example. 2. Explain the difference between time-series data and cross-sectional data. Are these two types of data sets mutually exclusive? What do they have in common? How do they differ?
|
Scatter plot of the data with the dependent variable
: Develop a scatter plot of the data with the dependent variable, download time, on the vertical axis and the independent variable, size, on the horizontal axis. Does there appear to be a relationship between the two variables? Is the relationship l..
|
Sample correlation coefficient between the two variables
: Compute the sample correlation coefficient between the two variables. Conduct a test, using an alpha value of 0.05, to determine whether the population correlation coefficient is significantly different from zero.
|
Prepare next years 1st quarter sales budget
: Acc: Module 09 Prepare next year's 1st quarter sales budget for Country Cookin' Inc and prepare next year's 1st quarter production budget for Country Cookin' Inc.
|
Obtains a true picture of the shopping habits
: This exercise is designed to illustrate that many different types of data collection as necessary to obtains a true picture of the shopping habits
|
Measure of the average change in prices
: The consumer price index (CPI) is a measure of the average change in prices over time in a fixed market basket of goods and services typically purchased by consumers. One of the items in this market basket that affects the CPI is the price of oil ..
|