What is the dependent variable

Assignment Help Applied Statistics
Reference no: EM131594756

Question: Determine the correlation coefficient and interpret the relationship between X and Y. Bi-lo Appliance Super-Store has outlets in several large metropolitan areas in New England. The general sales manager aired a commercial for a digital camera on selected local TV stations prior to a sale starting on Saturday and ending Sunday. She obtained the information for Saturday-Sunday digital camera sales at the various outlets and paired it with the number of times the advertisement was shown on the local TV stations. The purpose is to find whether there is any relationship between the number of times the advertisement was aired and digital camera sales.

The pairings are:

Location of TV Station Number of Airings Saturday-Sunday Sales($ thousands)
Providence 4 15
Springfield 2 8
New Haven 5 21
Boston 6 24
Hartford 3 17

a. What is the dependent variable?

b. Draw a scatter diagram.

c. Determine the correlation coefficient.

d. Interpret these statistical measures.

Reference no: EM131594756

Questions Cloud

Compute the present value of these dividends : What is the dividends for 1st year? What is the dividends for 3rd year? compute the present value of these dividends if the required rate of return is 14 %
Improve the financial performance of the organization : As the CFO, suggest two (2) key strategies that you might use in order to improve the financial performance of the organization.
What is impact on cash from sony selling its old headquarter : What is the impact on cash from Sony selling its old Tokyo headquarters? Would the sale of the Tokyo buildings be a source of cash or a use of cash for sony
Sketch the spectrum of the sampled signal : An alternative to the bandpass sampling procedure introduced in Problem is the system illustrated in Fig. For a real-valued bandpass signal x(t).
What is the dependent variable : Determine the correlation coefficient and interpret the relationship between X and Y. Bi-lo Appliance Super-Store has outlets in several large metropolitan area
What are the benefits of the style of lighting used : What are the benefits of the style of lighting used? Identify they type of lighting used in the film and asess impact of lighting used to establish the theme.
What should be the market price of moriband stock : If investors in stocks of companies like Moriband require a rate of return of 21.0 percent, what should be the market price of Moriband stock?
Purchase of an asset : In your firm, what benefits does leasing offer, compared to the purchase of an asset? Provide examples.
How has the liquidity position of ball changed : At Ball.com, go to the annual report from the Ball Corporation. How has the Liquidity Position of Ball changed

Reviews

Write a Review

Applied Statistics Questions & Answers

  What the dependent variable is

Regression analysis is one of the most widely used statistical techniques in the social sciences. So, what is it? In your answer, apply some of the techniques we have learned to regression - e.g., point estimates, interval estimates, test statistics,..

  Raw data of the study is

Statistics suggested that, although 65% plus or minus 5% of attendees believe that the food is overpriced; the Taste is a popular event. The raw data of the study is

  Which of the variables has the strongest relationship

Describe the direction of the relationship between the Hamstring strength index 60°/s and the Shuttle run test and without using numbers, describe the relationship between the Hamstring strength index 120°/s and the Triple hop index.

  What range of payoff for renew will the alternative selected

If the probability of approval is .35, for what range of payoff for renew/reject will the alternative selected using the maximum expected value remain the same?

  Cigarette smokers make lower college grades than nonsmokers

Consider the following news headline, "Cigarette Smokers Make Lower College Grades than Nonsmokers" The news article goes on to say that researchers at a university collected information on rate of cigarette smoking (total number of cigarettes smoked..

  What error are we talking about in context of an interval

Explain what is meant by the margin of error for a confidence interval. What error are we talking about in the context of an interval for m?

  Supply a probability tree with your solution

What is the probability that the door will actually open. Supply a probability tree with your solution - Actually open. Supply a probability tree with your solution

  Calculate a confidence interval in spss

Calculate a confidence interval in SPSS using the Education variables

  Prepare a research articles from peer-reviewed journals

Select at least three research articles from peer-reviewed journals which report on research projects using inferential statistics.

  Hypothesis test

Hypothesis Test (Means for Two Populations) Collect 20 samples of each population of any variable and determine which one has a lower average with an alpha of 5%. For each minitab result needs to write a paragraph explaining the results and data tend..

  The general population one woman in ten

The general population one woman in ten will develope breast cancer research has shown that 1 woman in 600 carries a mutation of the brca gene seven out of 10 woman with this mutation develop breast cancer.   he probability that a selected woman will..

  Select the correct answer out of each pair of choices

The program office budgets $30,000 per program review at the contractor's site. Your concern for "end of year" spending drills is that you have budgeted enough for the reviews (i.e. you are only concerned if the actual costs are higher than the $30,0..

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