Question

mplete the tollowing assignment on a separate piece of paper. Answers suomitted on this assignment sheet will not be accepted

0 0
Add a comment Improve this question Transcribed image text
Answer #1

1) a)

Step 1: Find X-Y and X2 as it was done in the table below X.Y 36000 35000 16800 93000 23230 224450 6000 54400 X.X 1440000 490

b) Step 1: Find X.Y, X2 and Y2 as it was done in the table belovw X.Y 36000 35000 16800 93000 23230 224450 6000 54400 X.X 144000

c) 50 Regression Statistics Multiple R R Square Adjusted R Squai 0.446970957 Standard Error14.30698691 Observations 0.725241412Asyou cansee that the 98% confidence interval for slope contains zero between them, hence we have no evidence to say that the slope of the regression line is not zero.

d) the model created cannot be used for prediction because 3635 is greater than the value of X used to formulate the model

Add a comment
Know the answer?
Add Answer to:
mplete the tollowing assignment on a separate piece of paper. Answers suomitted on this assignment sheet will not be accepted. When using technology you must attach all relevant outputs to your assig...
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
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