How well does the model fit the data

Assignment Help Operation Management
Reference no: EM131353709

Using the data in Problem, apply linear regression to study the relationship between the robbery rate and Dr. Fok's patient load. If the robbery rate increases to 131.2 in year 11, how many phobic patients will Dr. Fok treat? If the robbery rate drops to 90.6, what is the patient projection?

Problem - 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 1,00 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: EM131353709

Questions Cloud

Solution prepared from the dilution : What is the molarity of 2.00 L NaOH Solution prepared from the dilution of 50.00 mL of 19.1 M NaOH?
Grams of the excess reactant : If 62.8 g Ca react with 92.3 g HCl according to the reaction below, how many grams of hydrogen gas will be produced, and how many grams of the excess reactant will be left over?
Discuss one advantage a database has over a spreadsheet : Discuss at least two reasons organizations use databases and DBMS's.Discuss one advantage a database has over a spreadsheet.
Calculate the mass of water in the calorimeter : The final temperature of the water and aluminum mixture is 24.9 deg celsius. Calculate the mass of water in the calorimeter. The specific heat of water is 4.18 J/deg C.
How well does the model fit the data : 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
Distinguish prime borrowers from subprime borrowers : Explain why a mortgage-backed security becomes riskier when the values of the underlying houses decline. What, as a result, happens to the price of the mortgage-backed security?
How would you define neural plasticity : Brain Plasticity. Discovery Channel, 2007. Accessed August 8, 2016 at https://www.youtube.com/watch?v=u2c-WHVxcfY 1. How would you define "neural plasticity"?
How a collapse in house prices might lead to a recession : Explain how a collapse of the economy's credit-granting mechanisms might lead to a recession.
Compute the payback period for each project : Compute the payback period for each project. Compute the discounted payback period for each project using a discount rate of 10%. Compute the net present value (NPV) for each project.

Reviews

Write a Review

Operation Management Questions & Answers

  Both the external recruiting and internal recruiting of new

both external recruiting and internal recruiting of new managers have advantages and disadvantages for the

  Project in accordance with the charter template

Provide a project charter of your selected project in accordance with the charter template found in Doc Sharing. Please put this in proper business writing format. Consider me to be your boss. A charter should be a minimum of 3-5 pages long( 3 woul..

  Number of various logistics reports and recommendations

The CEO expects you to be providing a number of various logistics reports and recommendations to her. She has asked you to prepare a chart on 1-2 pages of frequently used logistics techniques. To demonstrate your understanding of the breadth and d..

  Why was hostess struggling prior to the workers strike

Why was Hostess struggling prior to the workers' strike. Do you believe the union or Hostess management is more responsible for the downfall of Hostess

  Who are the various customets for text books

who are the various customets for text books? what do these customers want in terms of goods and services?

  Analyzing the characteristics of a learning organization

Prepare a 1,050- to 1,400-word paper analyzing the characteristics of a learning organization and its applications in a global environment.

  Determine the project benefits and organizational readiness

Determine the project benefits, organizational readiness, and risk culture of the company in the case study. Provide justification for your response.

  Describe the competencies needed by team members

Describe the competencies needed by team members in order for the team to be successful and how they contribute to a team’s success.

  Should xzc accept this offer

Assume that the government wants everyone to be able to afford Lenex. It offers XZC a subsidy of $7 per unit sold if XZC sells Lenex to all 4000 potential customers. Should XZC accept this offer? (Hint: XZC is trying to maximize its profits and in..

  Compute and interpret the z- score

should this expense be considered unusually high ( and possibly worthy of investigation by the company)? Explain your answer. d. Compute and interpret the z- score for each of the six entertainment expenses.

  Discuss the importance of work packages to support

Discuss the importance of work packages to support the creation and use of the WBS. Examine how to establish a cost and schedule performance measurement baseline.

  Kirkpatrick evaluation

Kirkpatrick's Evaluation Why or why not would an organization choose to under go an evaluation process before or after training? Is it a good or bad occurrence if unexpected findings that may have unintended implications are found?

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