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UDI QUESTION 6 Use the following sales model for questions 5 and 6. UnitSalesCheetos - 20-2*...
The following is the regression output for fitting the regression model that predicts the monthly sales...
The following is the regression output for fitting the regression model that predicts the monthly sales of the power bars from the price of the power bar and the monthly budget for the in-store promotional expenditures. Constant Price Promotion Coefficient 6310.55 -50.855 3.5554 95% CI 95% CI Lower Limit Upper Limit 4052.83138 8568.26862 -79.76212 -21.94788 1.72715 5.38365 TP-value 5.89715 2e-05 -3.7117 0.00173 4.10297 0.00074 Use the regresion output above to answer the following questions. Part A What is the predicted...
A soft-drink bottler collected the following monthly data on its sales (measured in thousand units)...
A soft-drink bottler collected the following monthly data on its sales (measured in thousand units) of 12-ounce cans at different prices. Month 1 2 3 4 5 6 7 8 9 10 11 12 Price $0.45 0.50 0.45 0.40 0.35 0.35 0.50 0.55 0.45 0.50 0.40 0.40 Quantity 98 80 95 123 163 168 82 68 96 77 130 125 (a) Using Excel run a linear regression with Quantity the dependent variable and price the independent...
Question 5: The historical data on sales, prices, and selling expenses of a company is given...
Question 5: The historical data on sales, prices, and selling expenses of a company is given in table: Using the regression tool in EXCEL, answer the following Sales Price Selling questions: Expense 16 2 a. What is the estimated intercept (a) of the regression? 14 4 9 b. What is the estimated regression coefficient of the product's price (B1)? 10 7 c. What is the estimated regression coefficient of Selling Expense (B2)? 8 9 11 5 13 4 14 E...
HELP ASAP QUESTION 23 For the following multiple regression model: y=2-3x, +4x2 +5x3, a unit increase...
HELP ASAP
QUESTION 23 For the following multiple regression model: y=2-3x, +4x2 +5x3, a unit increase in X1, holding 2 and 13 constant, results in an estimated mean of Y of 2 units. an estimated increase of 4 units in the mean of Y an increase of 8 units in the value of Y an estimated increase of 3 units in the mean value of Y an estimated decrease of 3 units in the mean of Y. O None of...
Help me with two questions PLEASE: QUESTION 1 Regarding a regression model, all of the following...
Help me with two questions PLEASE:
QUESTION 1
Regarding a regression model, all of the following can be
negative except the
a. correlation coefficient
b. coefficient of “x” in the regression equation
c. coefficient of determination
d. y-intercept in the regression equation
QUESTION 2
Regression analysis was performed on a time series containing 5
years of quarterly sales. The sales data contains both trend and
seasonal effects. The following estimated regression equation was
obtained.
The sales forecast...
Apter 22 Questions 6-7 (of 8) The following information applies to the questions displayed below....
apter 22 Questions 6-7 (of 8) The following information applies to the questions displayed below.] This year Cairo Company sold 30,000 units of its only product for $19.00 per unit. Manufacturing and selling the product required $115,000 of fixed manufacturing costs and $175,000 of fixed selling and administrative costs. Its per unit variable costs follow Material Direct labor (paid on the basis of completed units) Variable overhead costs Variable selling and administrative costs 3.50 2.50 0.35 0.15 Next year the...
I need help with 5 and 6 80 $9 $8 $6 5. Use the following table...
I need help with 5 and 6
80 $9 $8 $6 5. Use the following table to answer the this question: Price Quantity Demanded $10 100 120 140 160 The firm is currently charging a price of $8. If it wants to increase its total sales revenue, it should O raise price to $9. o lower price to $7. o leave the price at $8, because it will have excess demand at a lower price and excess supply at a...
Use the following information for the next 3 questions. Presented below is the income statement of...
Use the following information for the next 3 questions. Presented below is the income statement of Goodwin Inc. The income statement is based on sales of 100,000 units at $20 per unit. Goodwin estimates that 80% of Cost of Goods Sold is variable costs, and 80% of Operating expenses is fixed costs. Sales $2,000,000 Less: Cost of goods sold 600.000 Gross margin $1,400,000 Less: Operating expenses 500.000 Net income S 900,000 Goodwin is considering lowering the sales price in order...
D Question 6 5 pts What model would you use in a hypothesis test the difference...
D Question 6 5 pts What model would you use in a hypothesis test the difference between two means? O t O Chi square OF D l Question 7 5 pts Suppose a glass factor samples 2000 glasses. There are flaws in 75 of them. Find a 95% confidence interval for the true proportion of flaws. O (033,.041) O (0,.0375) O (0356.0393) O (029,.046) Question 8 If the estimated mean from sample is 10, then O is equivalent to the...
please help with 5 -10 6. if sales price increase by $2 per unit and the...
please help with 5 -10
6. if sales price increase by $2 per unit and the sales volume
decreases bu 100 units what would be the net operating
income?
7. if the variable cost per unit increases by $1, spending on
advertising increases by $1950 and unit sales increases by 290
units, what would be the net operating income?
8. what is the break-even point in unit sales?
9. what is the break-even point in dollar sales?
10. how many...
The following is the regression output for fitting the regression model that predicts the monthly sales of the power bars from the price of the power bar and the monthly budget for the in-store promotional expenditures. Constant Price Promotion Coefficient 6310.55 -50.855 3.5554 95% CI 95% CI Lower Limit Upper Limit 4052.83138 8568.26862 -79.76212 -21.94788 1.72715 5.38365 TP-value 5.89715 2e-05 -3.7117 0.00173 4.10297 0.00074 Use the regresion output above to answer the following questions. Part A What is the predicted...
Question 5: The historical data on sales, prices, and selling expenses of a company is given in table: Using the regression tool in EXCEL, answer the following Sales Price Selling questions: Expense 16 2 a. What is the estimated intercept (a) of the regression? 14 4 9 b. What is the estimated regression coefficient of the product's price (B1)? 10 7 c. What is the estimated regression coefficient of Selling Expense (B2)? 8 9 11 5 13 4 14 E...
HELP ASAP
QUESTION 23 For the following multiple regression model: y=2-3x, +4x2 +5x3, a unit increase in X1, holding 2 and 13 constant, results in an estimated mean of Y of 2 units. an estimated increase of 4 units in the mean of Y an increase of 8 units in the value of Y an estimated increase of 3 units in the mean value of Y an estimated decrease of 3 units in the mean of Y. O None of...
Help me with two questions PLEASE:
QUESTION 1
Regarding a regression model, all of the following can be
negative except the
a. correlation coefficient
b. coefficient of “x” in the regression equation
c. coefficient of determination
d. y-intercept in the regression equation
QUESTION 2
Regression analysis was performed on a time series containing 5
years of quarterly sales. The sales data contains both trend and
seasonal effects. The following estimated regression equation was
obtained.
The sales forecast...
apter 22 Questions 6-7 (of 8) The following information applies to the questions displayed below.] This year Cairo Company sold 30,000 units of its only product for $19.00 per unit. Manufacturing and selling the product required $115,000 of fixed manufacturing costs and $175,000 of fixed selling and administrative costs. Its per unit variable costs follow Material Direct labor (paid on the basis of completed units) Variable overhead costs Variable selling and administrative costs 3.50 2.50 0.35 0.15 Next year the...
I need help with 5 and 6
80 $9 $8 $6 5. Use the following table to answer the this question: Price Quantity Demanded $10 100 120 140 160 The firm is currently charging a price of $8. If it wants to increase its total sales revenue, it should O raise price to $9. o lower price to $7. o leave the price at $8, because it will have excess demand at a lower price and excess supply at a...
Use the following information for the next 3 questions. Presented below is the income statement of Goodwin Inc. The income statement is based on sales of 100,000 units at $20 per unit. Goodwin estimates that 80% of Cost of Goods Sold is variable costs, and 80% of Operating expenses is fixed costs. Sales $2,000,000 Less: Cost of goods sold 600.000 Gross margin $1,400,000 Less: Operating expenses 500.000 Net income S 900,000 Goodwin is considering lowering the sales price in order...
D Question 6 5 pts What model would you use in a hypothesis test the difference between two means? O t O Chi square OF D l Question 7 5 pts Suppose a glass factor samples 2000 glasses. There are flaws in 75 of them. Find a 95% confidence interval for the true proportion of flaws. O (033,.041) O (0,.0375) O (0356.0393) O (029,.046) Question 8 If the estimated mean from sample is 10, then O is equivalent to the...
please help with 5 -10
6. if sales price increase by $2 per unit and the sales volume
decreases bu 100 units what would be the net operating
income?
7. if the variable cost per unit increases by $1, spending on
advertising increases by $1950 and unit sales increases by 290
units, what would be the net operating income?
8. what is the break-even point in unit sales?
9. what is the break-even point in dollar sales?
10. how many...
Most questions answered within 3 hours.
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