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.
Ask quesA buffalo, your cola distributor is featuring a super-special sale on 12- packs. She wonders where in the grocery store to place the cola for maximum attention. Should it b
s. All human blood can be "ABO-typed" as one of O, A, B, or AB, but the distribution of the types varies a bit among groups of people. Here is the distribution of blood types for a
Explain the effects of the transactions on Accounting Equation under a Financial Accounting System. Ans. Under the Double Entry System each of the financial transaction bring the
We have two applicants who are applying for a job. They both took the high school exit exam, but different ones. Shannon took the ACT and scored 26, Frank took the SAT scored 1350.
difference b/w historigrams & histogram?
I) Introduction 1) Topic (s) 2) Survey Question 3) Type of Sampling 4) Why? II) Calculations 1) Data Analysis (Charts, sample mean, sample standard deviation) 2) Probability 3) E
one two
how to write and assignment on the balance sheet?
Question 1: (a) The grouping of organisational activities (usually into ‘departments' or larger ‘divisions') will be done in different ways. Outline the criteria which can be u
how do i calculate standard deviation for a frequency distribution
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: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd