What the robbery rate was in new orleans

Assignment Help Operation Management

Reference no: EM131353408

Dr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic (i.e., afraid to leave their homes). The following table indicates how many patients Dr. Fok has seen each year for the past 10 years. It also indicates what the robbery rate was in New Orleans during the same year:

YEAR	1	2	3	4	5	6	7	8	9	10
NUMBER OF PATIENTS	36	33	40	41	40	55	60	54	58	61
ROBBERY RATE PER 1,000 POPULATION	58.3	61.1	73.4	75.7	81.1	89.0	101.1	94.8	103.3	116.2

Using trend (linear regression) analysis, predict the number of patients Dr. Fok will see in years 11 and 12 as a function of time. How well does the model fit the data?

Reference no: EM131353408

Questions Cloud

(net profitability index of the project : Consider a project with the following cash flows -100, 230, and -134 at a time 0, 1,and 2, respectively. Obtain the NPI (Net profitability Index) of the project if the cost of capital is 10%.

Standard pressure is compressed until : 1) What is the new volume when a 100.0 cm3 container at 120.0 kPa is expanded until the pressure is 60.0 kPa? 2) What is the new volume when a 50.0 cm3 container at standard pressure is expanded is expanded until the new pressure is 25.0 kPa? 3) Wh..

How did lakota culture change over the 19th century : How did Lakota Culture change over the 19th century? What effect did the white culture have on that culture through the century?What was the traditional Lakota manner of fighting, and what values did it highlight? Why did this style of warfare not ..

Annual incentive fee according to the black-scholes formula : A hedge fund with net asset value of $51 per share currently has a high water mark of $57. Suppose it is January 1, the standard deviation of the fund’s annual returns is 41%, and the risk-free rate is 4%. The fund has an incentive fee of 18%. What i..

What the robbery rate was in new orleans : Dr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic (i.e., afraid to leave their homes). The following table indicates how many patients Dr. Fok has seen each year for the past 10 years. It also indica..

Uncollected each year as result of this change in policy : Muncie Manufacturing is increasing its collection period by 25 days in hopes of attracting additional sales. Muncie currently has annual sales of $500,000. It expects revenues to increase $25,000 per year and expenses to increase by $10,000 per year...

Describe how characteristics of region of colonial america : Describe how characteristics of the region of Colonial America impacted your chosen conflict.Discuss the American ideals or philosophies that may have caused this event to occur. How have these ideals and philosophies changed to the way we live to..

Examine fasb financial reporting requirements for a college : Examine FASB financial reporting requirements for a private college. Apply basics of GAAP pertaining to categorizing restrictions on net assets.

What is marys effective annual rate : Mary purchased 100 shares of Sweet Pea Co. stock at a price of $48.37 six months ago. She sold all stocks today for $43.39. During that period the stock paid dividends of $1.02 per share. What is Mary’s effective annual rate? Round the answers to two..

User Account

All Pages