Reference no: EM131143672
A store wants to predict net profit as a function of sales for next year. Historical data for 8 years is given in the table below.
Year Sales (thousands of dollars) Net Profit
1 59 ..................... 5.02
50 ..................... 8.43
51 ..................... 9.54
65 ..................... 8.65
80 ..................... 1.56
85 ..................... -2.17
95 ..................... 1.28
90 ..................... 1.8
(a) Make a scatter diagram for the data, using Sales for the independent variable and Net Profit for the dependent variable. Insert the trend line and add the equation and R2 value to the diagram.
(b) Determine the correlation coefficient. Comment on the value of the correlation coefficient.
(c) Find the predicted value of Y given X = 75. Give an interpretation of the predicted value in the context of the problem.
(d) Construct an ANOVA table and attach the summary output.
Write a reflection paper
: Write a Reflection Paper about your experience of Attend a school board meeting for a local school district.- Items addressed at the board meeting;
|
Review the terminal course objectives
: Review the Terminal Course Objectives, accessed by clicking on the “Course Information” tab at the top of your screen, scrolling down to the “Course Objectives” and then selecting View class objectives. How will accomplishing these objectives support..
|
Recommend upper management consider for bruce project
: Bruce’s website development project is nearing an end, and upper management must decide what to do with the resources associated with the project. Bruce’s team met all schedule and expenditure goals, but the product they produced (a video-swapping on..
|
Effective systems in place to track work-effort-expenditures
: Your organization has effective systems in place to track work-effort and expenditures, but needs to do a better job at monitoring quality. How can Six Sigma be beneficial for an IT project?
|
Determine the correlation coefficient. comment on the value
: Determine the correlation coefficient. Comment on the value of the correlation coefficient. Find the predicted value of Y given X = 75. Give an interpretation of the predicted value in the context of the problem.
|
The intangible assets section of time company at december
: The intangible assets section of Time Company at December 31, 2010, is presented below.
|
Who hosts and sponsors the cve database listing web site
: What is a CVE listing? Who hosts and sponsors the CVE database listing Web site? Can Zenmap detect which operating systems are present on IP servers and workstations? Which option includes that scan?
|
What is the difference between flow stock and concentration
: What is the difference between flow, stock, and concentration statistics? How is each type of statistic used?
|
It was scrapped as having no value
: Bobby's has delivery equipment that cost $40,000 and that has been depreciated $26,000. Record the disposal under the following assumptions.
|