Quantitative Analysis for Management Chapter 4, Advanced Statistics

Quantitative Analysis for Management Chapter 4, Advanced Statistics

Assignment Help:

4-13. Students in a management science class have just received their grades on the first test. The instructor has provided information about the first test grades in some previous classes as well as the final average for the same students. Some of these grades have been sampled and are as follows:
Student 1st test grade Final average
1 98 93
2 77 78
3 88 84
4 80 73
5 96 84
6 61 64
7 66 64
8 95 95
9 69 76
a)Develop a regression mode that could be used to predict the final average in the course based on the first grade.
b)Predict the final average of a student who made an 83 on the first test.
c) Give the value of r and r squared for this model. Interpret the value of r squared in the context of this problem.

Related Discussions:- Quantitative Analysis for Management Chapter 4

Cycle hunt analysis, The procedure for clustering variables in the multivar...

The procedure for clustering variables in the multivariate data, which forms the clusters by performing one or other of the below written three operations: * combining two varia

Business forcastin.., elements , importance, limitation, and theories

elements , importance, limitation, and theories

Comparative exposure rate, Comparative exposure rate : A measure of allianc...

Comparative exposure rate : A measure of alliance for use in a matched case-control study, de?ned as the ratio of the number of case-control pairs, where the case has greater expos

Diagrammatic and graphic presentation, Difference b/w historigram and histo...

Difference b/w historigram and histogram

Whats your best offer, how do you do this project

how do you do this project

Case series, Case series : It is the series of reports on the condition of ...

Case series : It is the series of reports on the condition of the individual patients made by treating physician. Such reports might be helpful and informative for the rare disease

Statistical investigation, #explanation of methods of collection of data..

#explanation of methods of collection of data..

Describe law of likelihood, Law of likelihood : Within framework of the sta...

Law of likelihood : Within framework of the statistical model, a particular set of data supports one statistical hypothesis or assumption better than another if the likelihood of t

Response feature analysis, Response feature analysis is the approach to th...

Response feature analysis is the approach to the analysis of longitudinal data including the calculation of the suitable summary measures from the set of repeated measures on each

Generate a scatter plot, Suppose we estimate the following model: Passen...

Suppose we estimate the following model: Passengersi = 1 + 2Populationi + ui a) Generate a scatter plot with passengers on the vertical axis and population on the horizonta

Write Your Message!

Name

Email id

Message

Verfication Code

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!

Submit Assignment

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