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Question 1:ABC Corporation has used regression analysis to perform price elasticity analysis. In doing so management regressed the quantity demanded (y variable) against price (x variable) with the following results:Multiple R .86798 Adjusted R squared .72458, Standard error 542.33Intercept 56400.50Price coefficient -4598.20What percentage of the variation in quantity demanded is explained by price?A) 86.798%B) 72.45%C) 56.4%D) 54.23%Question 2:ABC Corporation has used regression analysis to perform price elasticity analysis. In doing so management regressed the quantity demanded (y variable) against price (x variable) with the following results:Multiple R .86798Adjusted R squared .72458, Standard error 542.33Intercept 56400.50Price coefficient -4598.20Calculate the predicted quantity demanded if price is set at $ 7.00. A) 31,234B) 88,588C) 24,213D) 18,454
The telephone bills send via regular mail
According to the 2011 National Occupant Protection Use Survey, only 84% of drivers wear seat belts. Calculate the probabilities that out of 4 randomly selected drivers,
Describe the direction of the relationship between the Hamstring strength index 60°/s and the Shuttle run test and without using numbers, describe the relationship between the Hamstring strength index 120°/s and the Triple hop index.
The following table gives the data for per capita income in thousands of US dollars with the percentage of the labor force in Agriculture and the average years of schooling of the population over 25 years of age for 15 developed countries in 20..
What is the unregulated competitive equilibrium and what is the social optimum specific tax (per unit of output of gunk) results in the social optimum
What is the sample space and what is the probability of obtaining a total of 5 for the two cards?
1. In the past, of all the students enrolled in "Basic Business Statistics" 10% earned A's 30% earned B's, 25% earned C's, 25% earned D's and the rest either failed or withdrew from the course. Dr Johnson is a new professor teaching "Basic Busi..
Probabilities
Coral City has a beltway which circles the city.The City Council is concerned about the mean population speed of the cars on that beltway.Find the sample size if the City Council wants to estimate the mean speed within 1 mile per hour with 95%..
Find the probability that exactly 5 rats have recessive traits and find the probability that no more than 9 rats have recessive traits.
What is the total cost to produce the disks for the year? All workers will be fully utilized each quarter, in other words, there is no under utilization.
Create the indicator variables, the raw data does not include these - calculate a difference in the gscores between the consecutive rows; this is how we know if the Gleason score has increased since the last biopsy, which is one of the indicators f..
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