Determine the multiple regression equation

Assignment Help Basic Statistics
Reference no: EM131040477

The questions for the assignment are indicated below. The datasets are in the assignment folder.

Q1. One of the critical factors that determine the success of a catalogue store chain is the availability of products that customers want to buy. If a store is sold out, future sales to that customer are less likely. Because of this, stores are regularly resupplied by delivery trucks operating from a central warehouse. In an analysis of a chain's operations, the general manager wanted to determine the factors that affected how long it took to unload delivery trucks. A random sample of 50 deliveries to one store was observed. The time (in minutes) to unload the truck, the total number of boxes and the total weight (in hundreds of kilograms) of the boxes were recorded. Analyze the sample data to answer the following questions:

a. Determine the multiple regression equation.
b. How well does the model fit the data? Explain using any two statistics from your regression results.
c. Which of the variables is linearly related to the time to unload? What statistics do you use to draw this conclusion
d. Calculate to predict the amount of time needed to unload a truck with 100 boxes of total weight 5000kg.

Reference no: EM131040477

Questions Cloud

Swot analysis to understand companies strenths-weaknesses : Chipotle is facing turbulent times due to the recent E. Coli and Norovirus outbreaks at its restaurants. Conduct a SWOT Analysis to understand the companies Strenths, Weaknesses, Opportunities, and Threats.
Discuss the concept of regression modelling : Discuss the concept of regression modelling and explain how one can assess if a statistical model fits the data well. Why is regression modelling often seen as a particularly useful form of social survey data analysis
Object oriented programming : Please find four important/popular software developed by Object Oriented Programming, in particular JAVA, and explain their features and why the OOP gives them advantage.
Determine the production order quantity : A world-class designer for diversified manufacturer of precision metallic components and systems for the automotive industry, energy and mobile industrial markets. The company is a leading edge supplier of engine, transmission, driveline, modules & s..
Determine the multiple regression equation : Q1. One of the critical factors that determine the success of a catalogue store chain is the availability of products that customers want to buy. If a store is sold out, future sales to that customer are less likely. Because of this, stores are re..
Code blocks for java iterator : Write code blocks for Java Iterator for ArrayList and Set. Describe the differences.
The operations definition emphasizes decision-function : The Operations definition emphasizes decision, function and process elements of the organization. Briefly discuss the need to address these fundamental elements.
Hashtable and the hashmap : In JAVA programming: What are the differences between a Hashtable and the HashMap? Few examples
Company produces an agricultural product : A company produces an agricultural product. The company has determined that a Chase Strategy is the best choice for planning production of its highly seasonal product. The company would like to plan staffing for production and has asked you to determ..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Physics majors belong to ethnic minorities

In a certain college, 20% of the physics majors belong to ethnic minorities. If 10 students are selected at random from the physics majors, what is the probability that exactly 2 belong to an ethnic minority?

  Rejecting the null hypothesis-sample evidence

Suppose you always reject the null hypothesis, regardless of any sample evidence.

  Explain how a pie chart can be constructed

Explain how a pie chart can be constructed. If a data value had relative frequency r, at what angle would the lines defining its sector meet?

  Develop a two-month moving average for this time series

To develop 3-month and 2-month moving average for the time series.The following data represents demand for company ABC's products for the last 10 months.

  Describe the major diversity trends facing organizations

describe the major diversity trends facing organizations and how organizations might use various od interventions to

  Non-parametric test over the parametric alternative

What are the most common reasons you would select a non-parametric test over the parametric alternative?

  Significant difference in how the drugs perform

Is there any statistically significant difference in how the drugs perform? If so, explain the effect. Use the post hoc tests as needed.

  What is the forecast for the rental and leasing revenue

What is the regression formula - how reliable do you think the estimates will be based on this formula? Explain your answer by citing the relevant metrics.

  Bound on the error of estimation-data collection

Suppose a wildlife service wishes to estimate, with 99% confidence, the mean number of days of hunting per hunter for all licensed hunters in the state during a given season, with a bound on the error of estimation equal to 2 hunting days.

  Using the internal rate of return as a decision criterion

a company has estimated that a proposed 10000 investment will generate 3250 for each of the next four years. their

  A subcommittee of three members is to be selected at random

a subcommittee of three members is to be selected at random from the city council which has 6 males and 3 female

  Examine long-term effects of repeated heading

Most sports injuries are immediate and obvious, like a broken leg. However, some can be more subtle, like the neurological damage that may occur when soccer players repeatedly head a soccer ball. To examine long-term effects of repeated heading, D..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd