Question

page 423 and 424, #2 a) How many dependent variables? b) How many independent variables? c) What is the number 0.286 called?


2. Thompson Photo Works purchased several new, highly sophisticated processing machines. The production department needed som
The equation is: Ÿ= 11.6 + 0.4x, +0.286x, +0.112x3 +0.002X4 a. What is this equation called? b. How many dependent variables
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Ans 2 ) a ) the equation is called the Multiple linear regression equation.

Ans b ) there is one dependent and 4 independent variable

Ans c ) 0.286 is called the coefficient of mechanical aptitude score.

Ans d ) 0.002

Ans e ) y = =11.6+0.4*6+0.286*280+0.112*97+0.002*35

performace of new machine = 105.014

Add a comment
Know the answer?
Add Answer to:
page 423 and 424, #2 a) How many dependent variables? b) How many independent variables? c)...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Thompson Photo Works purchased several new, highly sophisticated processing machines. The production department needed some guidance...

    Thompson Photo Works purchased several new, highly sophisticated processing machines. The production department needed some guidance with respect to qualifications needed by an operator. Is age a factor? Is the length of service as an operator (in years) important? In order to explore further the factors needed to estimate performance on the new processing machines, four variables were listed: x = Length of time an employee was in the industry x2 = Mechanical aptitude test score x3 = Prior on-the-job...

  • hompson Photo Works purchased several new, highly sophisticated processing machines. The production department needed some guidance...

    hompson Photo Works purchased several new, highly sophisticated processing machines. The production department needed some guidance with respect to qualifications needed by an operator. Is age a factor? Is the length of service as an operator (in years) important? In order to explore further the factors needed to estimate performance on the new processing machines, four variables were listed: x1 = Length of time an employee was in the industry x2 = Mechanical aptitude test score x3 = Prior on-the-job...

  • d. As age increases by one year, how much does estimated performance on the new machine...

    d. As age increases by one year, how much does estimated performance on the new machine increase? (Round the final answer to 3 decimal places.) Estimated performance = ?    Thompson Photo Works purchased several new, highly sophisticated machines. The production department needed some guidance with respect to qualifications needed by an operator. Is age a factor? Is the length of service as a machine operator important? To further explore the factors needed to estimate performance on the new machines, four...

  • Problems 473 results from parts (a), (b), and (c). What model seems most plausible? How do the da...

    can you answer question 9 please Problems 473 results from parts (a), (b), and (c). What model seems most plausible? How do the data limit your conclusions? tle the data from Freund (1979), presented in Problem 22 in Chapter 14. Taking be model discussed there as the maximum model, repeat parts (a) through (h) of Problem 6. In part (h), note the possible role of collinearity. A random sample of data was collected on residential sales in a large city....

  • 1. Identify the formula for predicting an individual's z score on the dependent variable from their z score on the independent variable. a.) (rxy)(zy) b.) (rxy)(zx) c.) zx/zy d.) (zx)(zy) 2. Data...

    1. Identify the formula for predicting an individual's z score on the dependent variable from their z score on the independent variable. a.) (rxy)(zy) b.) (rxy)(zx) c.) zx/zy d.) (zx)(zy) 2. Data from the 1993 World Almanac and Book of Facts were used to predict the life expectancy for men in a country from the life expectancy of women in that country. The resulting regression equation was Yˆ = 9.32 + 0.79(X). Using the regression equation, what would you predict...

  • 1) UMGC Industries capital-asset procurement policy requires the board of directors (BOD) approve any single acquisition...

    1) UMGC Industries capital-asset procurement policy requires the board of directors (BOD) approve any single acquisition over $500,000. If the BOD approves a project, then the treasurer will transfer the funds to the respective plant. Within one year, the internal auditing function is charged with reviewing each acquisition to check the propriety of the purchase and disbursal of funds. UMGC Industries plant controller prepared the first proposal for a DEK cutting machine. Other plants were told to wait until internal...

  • 2) Which of the following IQ tests was specifically designed to attempt to overcome ethnic and...

    2) Which of the following IQ tests was specifically designed to attempt to overcome ethnic and cultural biases that may exist in other IQ tests? A) the Wechsler-Bellevue Scale B) the WPPSI-R C) the Raven Progressive Matrices Test D) the Remote Associates Test 3) Luis completes a Wechsler scale and his overall score is 90. What may we conclude about Luis? A) He has an intellectual disability. B) His IQ is barely within the normal range C) His IQ is...

  • Forecasting Ticket Revenue for Orlando Magic Basketball Games Forecasting Ticket Revenue for Orlando Magic Basketball Games...

    Forecasting Ticket Revenue for Orlando Magic Basketball Games Forecasting Ticket Revenue for Orlando Magic Basketball Games Video Case o Fernando Medina For its first 2 decades of existence, the NBA's Orlando Magic basketball team set seat prices for its 41-game home schedule the same for each game. If a lower-deck seat sold for $150, that was the price charged, regardless of the opponent, day of the week, or time of the season. If an upper-deck seat sold for $10 in...

  • . Required Question: 1. Should Matt try to suggest a better method for reducing purchasing costs?...

    . Required Question: 1. Should Matt try to suggest a better method for reducing purchasing costs? (200 words) 3. How can Matt find out more information about the suppliers in a short period of time? (200 words) 3. what are his internal or external resources that he should consider? Custom Equipment It was July 2, and Mat Roberts had just been given his robots/weldguns, affiliate-produced parts/fabricated com- first assignment, te Wire Management Program" ponents, and steel/other metals. Matt was hired...

  • Hello, I need question 1 sections a,b,and c. Please make around a page long. CHAPTER 4...

    Hello, I need question 1 sections a,b,and c. Please make around a page long. CHAPTER 4 Techniques for Understanding Consumer Demand and Behavior 109 t effect. ed that managers be familiar with both approaches because each provides useful ues need to realize that marketing analysis builkds on the fundamental eco- of demand and elasticity. Marketers take these basie economie n Table 3.7 in goies and develop analyses of brand differentiation, market segmentation, and dct pricing, While some of the formal...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT