Determine the least squares equation

Assignment Help Basic Statistics
Reference no: EM13245127

Listed below is the net sales in $million for Home Depot Inc. and its subsidiaries from 1993 to 2004.

Year

Net Sales

Year

Net Sales

1993

$9,239

1999

$38,434

1994

12477

2000

45738

1995

15470

2001

53553

1996

19535

2002

58247

1997

24156

2003

64816

1998

30219

2004

73094

Determine the least squares equation. According to this information, what are the estimated sales for 2008 and 2009?

Reference no: EM13245127

Questions Cloud

Formulate the null hypothesis and the alternative hypothesis : Formulate the null hypothesis and the alternative hypothesis.
Calculate the amount of each semiannual payment : You are taking a $2000 loan. You will pay it back in four equal payments, paid every 6 months starting 3 years from now. The interest rate is 6% compounded semiannually. Calculate: (a) The effective interest rate, based on both semiannual and conti..
Find the magnitude of the magnets magnetic dipole moment : A bar magnet is oriented with its magnetic dipole moment at 39.5° to the direction of a 0.0689-T magnetic field, causing a torque of 0.00351 N·m to act on it
The viet nam war was a pivotal event in modern u.s. history : The Viet Nam War was a pivotal event in modern U.S. history:
Determine the least squares equation : Determine the least squares equation. According to this information, what are the estimated sales for 2008 and 2009?
Determine the effective monthly and annual interest rate : Picabo borrows $1,000. To repay the amount she makes 12 equal monthly payments of $90.30. Determine the following: (a) The effective monthly interest rate (b) The nominal annual interest rate
Find the strength of the magnetic field : Find the strength of the magnetic field that causes a torque of 2.09 × 10-5 N·m to act on the loop when a current of 0.00361 A flows in it
Discussing the novel nathaniel''s nutmeg by giles milton : In class we have been discussing the novel Nathaniel's Nutmeg by Giles Milton yet we do not have the book available and I cannot check it out at any nearby library.
What is the net horizontal force on the airplane : A jet with mass m = 1.3 × 105 kg jet accelerates down the runway for takeoff at 2.4 m/s2, What is the net horizontal force on the airplane

Reviews

Write a Review

Basic Statistics Questions & Answers

  Estimating random variable

What is the probability that it will crash at least two times in a given semester? What is the probability that it will not crash at all in a given semester?

  Academic response to anova

Analysis of Variance (ANOVA) is used to test the equality of the means of three or more groups based on sample data. ANOVA is really a test of means even though it sounds like a test of variance.

  Critical value for testing the population standard deviation

A doctor believes that the standard deviation of systolic blood pressure is 450. A random sample of 24 patients found a standard deviation of 520. Assume the variable is normally distributed and a = 0.01. What are the critical values?

  Standard deviation of the di fference of the measurements

Diastolic blood pressure (DBP) values were measured for 150 patients using two medical devices. The mean DBP values using the two devices are 120 and 122 respectively. Also the standard deviation of the di fference of the measurements is 0.634. Te..

  Hypothesis testing of mean-sleep per night

According to a recent survey, Americans get a mean of 7 hours of sleep per night. A random sample of 50 students at West Virginia University revealed the mean number of hours slept last night was 6 hours and 48 minutes

  Should mobile home selling considered an outlier

Tthe United States during 1993 was $40,500. Assume the standard deviation was $8,500. Should a mobile home selling for $75,000 be considered an outlier? Explain why or why not.

  What is the proportion of people surveyed rated

200 people were surveyed and asked to rate mayor Michael Bloombergs effectiveness towards education. The rate scale is 1 (lowest) to 10 (highest). Mayor Bloomberg's average rating was 7.50, with a standard deviation of 2

  Determine the null hypothesis

Test at the 5% level of significance whether the true mean time it takes for luggage to reach the travelers is less than 17 minutes. Determine the null hypothesis.

  What values for the sample means would be possible

Repeating this experiment many times with different samples, what values for the sample means would be possible? What values would repeat more often?

  Distribution of the citizens

The pie chart below shows the distribution of the citizens' answers. If there are citizens in the community, how many chose Birds, Hamsters, or Dogs?

  Confidence interval for difference in proportions of patient

Hypertensive experimental (n=100) is 14%, placebo (n=100) is 22%. Generate a 95% Confidence interval for difference in proportions of patients with hypertension between groups.

  Regression analysis to investigate relationship-value-income

Use regression analysis to investigate the relationship between value and income. Discuss your findings. Use regression analysis to investigate the relationship between value and revenue. Discuss your findings.

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