Compute the correlation coefficient determine the equation

Assignment Help Basic Statistics
Reference no: EM13576618

Anna Sheehan is the manager of the Spend wise supermarket chain. She would like to be able to predict paperback book sales (books per week) based on the amountof shelf display space (feet) provided. Anna gathers data for a sample of 11 weeks, as shown in Table.

a. Plot a scatter diagram.

b. What kind of relationship exists between these two variables?

c. Compute the correlation coefficient. Determine the equation of the least squares line by calculating the slope and Y-intercept.Use this equation to forecast the number of books sold if 5.2 feet of shelf space is used (i.e., X=5.2)

Week

 Books Sold Y

Shelf space X

1

275

6.8

2

142

3.3

3

168

4.1

4

197

4.2

5

215

4.8

6

188

3.9

7

241

4.9

8

295

7.7

9

125

3.1

10

266

5.9

11

200

5








 

Reference no: EM13576618

Questions Cloud

General hospitals patient account division has compiled : general hospitals patient account division has compiled data on the age of accounts receivable. the data collected
Show all of the elements of the sample space s given that a : exercise and diet are being studied as possible substitutes for medication to lower blood pressure. three groups of
On a single draw from a deck of playing cards the : find the errors in each of the following statementsa the probabilities that an automobile salesperson will sell 0 1 2
For the standard normal random variable z find z for each : for the standard normal random variable z find z for each situation.a. the area to the left of z is 0.2119.b. the area
Compute the correlation coefficient determine the equation : anna sheehan is the manager of the spend wise supermarket chain. she would like to be able to predict paperback book
They select every 20th person from the list until a sample : a polling company obtains an alphabetical list of names of voters in a precinct. they select every 20th person from
When market researchers inc performs the study for this : market researchers inc. has been hired to perform a study to determine if the market for a new product will be good or
Military radar and missile detection systems are designed : military radar and missile detection systems are designed to warn a country of enemy attacks. a reliability question
Are events a and b mutually exclusive what is the : let a be an event that a persons primary method of transportation to and from work is an automobile and b be an event

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability values based on the normal distribution

What is the probability that a visually impaired student gets less than 6.9 hours of sleep?

  Context of ordinary least squares regression

Explain the implications of this statement in the context of ordinary least squares regression? Be sure your answer includes a discussion of hypothesis testing.

  Classify independent or dependent samples

White blood cell counts for a group of volunteers before being innoculated, and white blood cell counts for a second group of volunteers after being innoculated.

  Goodness of fit test for chi-square distribution

At the .01 significance level, is there a difference in the use of the four entrances?

  What activities did newspaper use to make report

A bar chart to illustrate the differences. What type of statistics was shown? What activities did the newspaper use to make the report?

  Construction of confidence intervals

In the construction of confidence intervals, if all other quantities are unchanged, an increase in the sample size will lead to a ____________ interval.

  What would you report to the housing authority

Let the null hypothesis be the landlord association claim and the alternative hypothesis be the housing authority claim. Doe the data support the landlord's association claim? What would you report to the housing authority?

  Distribution of data

Part 1. What is the appropriate distribution for such data? Part 2. Is this lot anomalous?

  Conclude that pill is effective at promoting weight loss

Can the company conclude that the pill is effective at promoting weight loss? Write the hypotheses and conduct the appropriate hypothesis test.

  Find the mean and standard error of the sample means

Find the mean and standard error of the sample means that is normally distributed with a mean of 10 and a standard deviation of 2 and a sample size of 25.

  What is the probability of three successes

What is the probability that a randomly selected person will be a Protestant and at the sametime be a Democrat or a Republican and what proportion of teenagers watch 16 to 18 hours of TV a week?

  T test for employee absenteeism

The mean (m) number of employee absences in company X is 6 days annually, according to previous studies conducted by the Human Resources Department.

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