What is r2 for your regression model

Assignment Help Econometrics
Reference no: EM131045094

A review of several projects for production rates versus LOCs is shown in the table below. Use Excel to develop a plot of the various data sources. Then, develop a linear regression of the data and make a prediction for a 5,000,000 LOC project. What is R2 for your regression model? Based on your R2 value, do you have confidence in this prediction?

1076_07bda99f-d622-49cb-a1e5-b03b40018210.png

Reference no: EM131045094

Questions Cloud

What is the companys average accounts receivable : Receivables Investment Medwig Corporation has a DSO of 18 days. The company averages $7,500 in credit sales each day. What is the company's average accounts receivable? Round your answer to the nearest dollar.
Exempt from these disclosure requirements : Explain the disclosure requirements of the 1933 Act, including which securities and transactions are exempt from these disclosure requirements.
Expectations theory-what is the markets forecast : Suppose the interest rate on a 1-year T-bond is 5.0% and that on a 2-year T-bond is 6.4%. Assuming the pure expectations theory is correct, what is the market's forecast for 1-year rates 1 year from now?
Standard deviation between individual cars : Assuming the standard deviation between individual cars is 2.3 miles per gallon, what should the researchers conclude if the sample mean is 49 miles per gallon?
What is r2 for your regression model : Then, develop a linear regression of the data and make a prediction for a 5,000,000 LOC project. What is R2 for your regression model? Based on your R2 value, do you have confidence in this prediction?
Average accounts receivable balance : Galambos Corporation had an average receivables collection period of 19 days in 2003. Galambos has stated that it wants to decrease its collection period in 2004 to match the industry average of 15 days.
Condition for randomness-independence-normality : His staff takes a simple random sample of 300 Statsville residents and finds that 43 of them are underemployed. What is the test statistic for this hypothesis test? We cannot say because the condition for randomness, independence, or normality is n..
Short-term securities prices and interest rates : Suppose the U.S. Treasury issued $50 billion of short-term securities and sold them to the public. Other things held constant, what would be the most likely effect on short-term securities' prices and interest rates?
What is the liquidity premium on bonds : Niendorf Corporation's 5-year bonds yield 9.50%, and 5-year T-bonds yield 4.80%. The real risk-free rate is r* = 2.75%, the inflation premium for 5-year bonds is IP = 1.65%, the default risk premium for Niendorf's bonds is DRP = 1.20% versus zero for..

Reviews

Write a Review

Econometrics Questions & Answers

  Calculate the dividend yield and the capital-gains yield

A stock was priced at $150 per share at the end of 1999. The following table shows dividends per share paid during each year and the price of the stock at the end of the year for the following four years year divedends paid during year stock price ..

  How many dvds should it order from which supplier

A television station is considering the sale of promotional DVDs. I can have the DVDs produced by one of two suppliers. Supplier A will charge the station a set-up fee of $1,200.00 plus $2.00 for each DVDs; supplier B has no set-up fee and will ch..

  Determine how many firms with average ceos

Consider an industry in which chief executive ocers (CEOs) run rms. There are two types of CEOs: exceptinal and average. There is a fixed supply of 100 exceptional CEOs and an unlimited supply of average CEOs. Any individual capable of being a CEO..

  What is the annual worth of the savings over the next year

An alternative has been developed using natural gas butthe gas will not be available for 3 years. By switching to gas theywill save 13,000 per year for 10 years starting three years fromtoday . At an interest rate of 6%

  Question about multiple regression

Assume that when using the multiple regression in the formula Y = b1X1 and b2X2 + E that X1 represents wages and X2 represents transportation expenses?

  Calculate the country''s steady state level of output

A country is described by the Solow Model with a production function y = \(k^{1/2}\) where y is output per worker and k is capital per worker. Now suppose that the fraction of output invested (or saved) is 50%. Assume that the depreciation rate is..

  What is the situation of first-mover advantage

The demand for most new films peaks in the first few days after opening, then tapers off. Two key factors that affect potential demand are the season (Summer and Christmas are the best times) and the timing of other releases. Suppose that both Stu..

  Explain the compounding scheme used by the bank

A local bank advertised the following information: interest 6.89% - effective annual yield 7.128% . no mention was made of the interest period on the advertisement. Can you figure out the compounding scheme used by the bank

  What is pure strategy nash equilibrium for the game

Hotelling'sModel (RG): Consider a population uniformly distributed along an ideological spectrum [0, 1]. Each of two candidates chooses (simultaneously) a platform represented by an ideology value x ? [0, 1]. The voters observe the platforms.

  The total amount of tax revenue raised is equal to what

Assume that the demand curve is given by the following: p=20 and the supply curve is given by Q=p-5. If the government puts in place a tax of 5 that must be paid by the seller the total amount of tax revenue raised is equal to what

  Understand the health and trajectory of an economy

Why do you think macroeconomists focus on just a few key statistics when trying to understand the health and trajectory of an economy? Would it be better to try to make examine all possible data?

  Whether production function exhibits increasing or decrease

Suppose that aggregate production function in a particular economy is given by Y = (N/60)[5080 - N] where N is the size of the labor force. Establish algebraically whether this production function exhibits increasing, decreasing, or constant returns ..

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