Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Home Improvement Company (HIC) operates five stores in a large regional area. The company wished to study the relationship between x, house value ($'000) and Y, yearly expenditure on house maintenance ($ upkeep) as a basis for promoting the types of products it sells.
A random sample of the owners of 40 houses was taken. They were asked to estimate their maintenance expenditure on the types of products HIC sells. HIC then contacted real estate agents to value the houses. See the data file.
The task of modelling the relationship between Upkeep (Y) and Value (x) was assigned to an analyst within HIC. All the data had been validated and the analyst was instructed not to delete data for 'statistical convenience'.
Part (a)
You are to decide which of the three models below are most appropriate, where Y = estimated maintenance spend (upkeep) and x = house value
Y= β0 + β1x +ε
Log(Y) = β0 +β1x +ε
√y = β0 +β1x +ε
Your report for Part (a) should start with an exploratory analysis of the data, and then three sections, detailing the analyses of models (1), (2) and (3) and then a short recommendation.
You should analyse and report leverage points and outliers where appropriate using the template below but you cannot remove any data.
Consider a person who repeatedly plays a game of chance (gambling)with two results possible (win or lose) with a probability p = 0, 3 to win. If the person has bet x amount and if
definitions
The national demand and price for a certain type of energy-efficient exhaust fan are related by p=441-3/7q, where p is the price and q the demand. The price and supply of the exhau
on july 2,ali collected cash of Rs 700 from accounts receivable ,july 9 purchased gym equipments for 2175, paying 5500 in cash and charging the remainder on the company 30 day acco
The screening test for the hep-c virus works by detecting the presence of antibodies to the virus. However, some non-HCV proteins can trigger a false positive, at a probability of
i have a scaled data on multiple questions from two different tests taken at different times for the same respondents, and now i want to calculate the reliability test manually but
how to re-reference a series.
You have the following information about rates in London for Eurocurrency loans of one-year duration, the exchange rate between the USD and euros, the currency in which you want fi
A group of identical synchronous motors is connected through a transformer to a 4.16-kV bus at a remote location from the generating plants of a power system. The motors are rated
difference between large sample and small sample
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd