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Write about a problem at work. The next week I have to use the same problem. But I have to use linear regression scatter plot. Well my problem is: a client is exceeding their budget on each house they sell because they are providing closing costs to buyers. So I came up with them capping the credit to buyer from seller at 2,000. Currently for the past three years the average every year they are spending is around 4,000. So we can solve the problem but now I need to put my problem in a scatter plot and utilize linear regression
Get a brief summary for the following question and the references: 1. In some companies, managers get workers involved in setting standards. What are the benefits of worker involvement in setting the standards? 2. Why are transfer prices necessary..
1. in this exercise we will be building regression models for predicting house prices. we will be using data collected
A company is considering expansion of its current facility to meet increasing demand. If demand is high in the future, the major expansion would result in an additional profit of $800,000, but if demand is low then there would be a loss of $500..
What are the expected values for each alternative? What decision should be made under expected value? What is the EVPI?
The average pay per hour for an employee in the packaging and shipping department of XYZ Corporation is $12.88 with a standard deviation of $0.95. Assume normal distribution applies
please read through the case scenario shown below to gain an understanding of the background information and the
The vast majority of the world uses
Determine whether this data already provides an expected relative error introduced by the simulation of below 5%. If not, compute how many new simulations you should run in order to reduce the expected relative error introduced by the simulation b..
Assume you are totally unprepared for a quiz, but you decide to take it anyway and just guess at all of the answers. The quiz is 15 multiple-choice questions, each of which has five choices (that's 1 in 5 chances of getting one right). What is the pr..
Using Data/Filter and Sort make a subset of the main data table for Symbol HPQ (Hewlett Packard) for the year 2000. Make a line chart of the closing prices for the year 2000 from Jan through Dec.
Two brands of air filters (A and B) for air conditioning units are tested to determine whether one filter is superior to the other. All filters were tested on the same unit
Foreign trade is important to the United States. No country exports and imports more. However, there has been a large trade imbalance in many sectors. To measure the extent of the prob- lem, an economist recorded the difference between exports and im..
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