Write the regression equation

Assignment Help HR Management
Reference no: EM133181325

Problem:

The 2021 monthly data below shows the number of TV ads run and the revenue of the XYZ Company.

Month

TV Ads

Revenue (?M)

January

21

8.35

February

180

22.76

March

50

13.45

April

195

21. 10

May

96

15.00

June

44

12.50

July

171

20.70

August

135

19.72

September

120

16.12

October

75

13.10

November

106

15.67

December

198

25.30

  1. Write the regression equation.
  2. Interpret the slope and the y-intercept.
  3. Determine and interpret the coefficient of determination.
  4. Determine and interpret the coefficient of correlation.
  5. Test the significance of the null hypothesis at 0.05 level of significance.
  6. Forecast revenue at 100 TV ads run.

Reference no: EM133181325

Questions Cloud

Discussion of the top 3 areas of concern : You are the Coding Manager at Happy Hospital. You recently hired an outside consulting firm to perform an audit of 100 inpatient admissions from the last quart
Need assessment for a bank teller of ocb bank : 1. Need assessment for a bank teller of OCB bank (organizational analysis, task analysis, person analysis)
Elaborate how to manage data within organisations : Elaborate how to manage data within organisations, teams and projects. Investigate techniques on how to collect, store, clean and manipulate data
Settle the administrative problems : The microeconomic thought by administrative financial matters incorporates; shopper interest and supply, opportunity cost, income and cost.
Write the regression equation : The 2021 monthly data below shows the number of TV ads run and the revenue of the XYZ Company.
What is meant by management development : Question 1: Explain orientation and its purpose. Question 2: What is meant by Management Development?
Access control strategies : Determine an access control strategy based on existing documents. Explain why ISI needs an access control plan and the goals of the plan,
Describe the marketing mix : Question 1: Describe the marketing mix and how airlines use each variable of the mix.
Discuss the continuing evolution of HTML : How can you keep up with the latest developments in HTML? How do you feel about the speed at which change is occurring

Reviews

Write a Review

HR Management Questions & Answers

  What is the competitive advantage of an organization

What is the competitive advantage of an organization that is able to engage a diverse workforce toward meeting company goals?

  How does the organization work compare

Read the article, 'Most Admired' Tie Rewards to Performance, Address Work/Life (By Stephen Miller), and discuss your thoughts.

  Advantages and disadvantages of the residual policy

Integrated Waveguide Technologies (IWT) is a 6-year-old company founded by Hunt Jackson and David Smithfield to exploit metamaterial

  How else would employees have a voice

Offer your opinion as to whether you believe unions are still relevant in today's work environment. If there were no unions, how else would employees have a voi

  Provide an example to support your recommendation

Imaging your friend has decided to open a used bookstore. They have little experience with running a business, so you are trying to help them figure out their c

  What is the importance of assessing top risks

What is the importance of assessing top risks within a company and How do you approach the CEO to convince them to keep the budget assigned to the training?

  Business commitment to sustainability and environment

What are some key takeaways when it comes to concepts such as diversity in the workplace, business ethics, and business commitment to sustainability and the env

  Which of the following statements regarding the location of

which of the following statements about the location of departments within retail department and discount stores is

  Describe the qualifications to receive medicare

Describe the qualifications to receive Medicare and/or Medicaid. How can this be modified to serve more people who are considered a vulnerable population?

  How does tqm apply to project management

Your consulting company is being considered for a subcontract to manage a project because of your firm's excellent human resource and quality management skills.

  Identify considerations when expanding a business globally

MISTAKES MANAGEMENT MAKES IN HIRING EMPLOYEES. The management remains prone to making certain mistakes while hiring employees locally and intentionally.

  Discuss the circumstances surrounding

Prepare an audit report for your company. Be sure to include the key elements that must be covered in a standard audit report, and discuss the circumstances surrounding each of the following:

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