User Account

All Pages

What is the standard error of the estimate

Assignment Help Basic Statistics
Reference no: EM131191199

A market manager of a large supermarket chain used shelf space for pet food to predict weekly sales. The manager collected data on shelf space and weekly sales from a random sample of 12 equal-sized stores. For those data, SSR equals=19,607 and SST= 29,785.

What is the standard error of the estimate?

Reference no: EM131191199

Questions Cloud

Is the cost of hiring the band a fixed or a variable cost : What are the total band cost and the cost per person if concert attendance is 2,000, 2,500, 3,000, 3,500, or 4,000?- Is the cost of hiring the band a fixed or a variable cost?
Normally distributed with a standard deviation : The mean incubation time for a type of fertilized egg kept at 100.5°F is 23 days. Suppose that the incubation times are approximately normally distributed with a standard deviation of 1 day.
What is the probability that those three horses finish first : A horse race has 10 entries and one person owns 3 of those horses. Assuming that there are no ties, what is the probability that those three horses finish first, second and third (regardless of order)? (Round to four decimal places as needed.)
Do you agree with your friends analysis : A friend of yours has just purchased a house and has taken out a $50,000, 11 percent mortgage, payable at $476.17 per month.- Do you agree with your friend's analysis? Explain.
What is the standard error of the estimate : The manager collected data on shelf space and weekly sales from a random sample of 12 equal-sized stores. For those data, SSR equals=19,607 and SST= 29,785. What is the standard error of the estimate?
Prepare predetermined overhead rate based on direct labor : Why might Elko Company prefer to use direct labor hours or direct labor costs, rather than machine hours, to allocate manufacturing overhead?
What the amount related to the bond that myriad would report : What would be the amount related to the bonds that Myriad would report in its income statement for the year ended December 31, 2013?
Determine a brief policy recommendation : Determine a brief policy recommendation for each of the five trends/issues -  Present the trends/issues, research, and policy recommendations in a 1-2 page document that can be used as a speech appropriate for State policy makers.
Create adjusting entries to report each class of securities : Prepare the adjusting entries to report each class of securities at fair value. Indicate the statement presentation of each class of securities and the related unrealized gain (loss) accounts.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Decision on selecting the destination

They both want to know what family member typically does the research about possible honeymoon destinations, and who primarily makes the decision on selecting the destination.

  Find sample size necessary to estimate the mean iq score

Find the sample size necessary to estimate the mean IQ score of statistics students such that it can be said with 90% confidence that the sample mean is within 8 IQ points of the true mean.

  What sample size needed for estimate percentage points

What sample size would be needed for the estimate to be within 1.5 percentage points with 90% confidence if you do not have a prior estimate?

  Adjacent cups in the circle

Think of 10 cups with 1 marble in the first cup, 2 marbles in the second cup, 3 marbles in the third cup, and so on. Show that if cups are arranged in a circle in any order, then some three adjacent cups in the circle must contain a total of at le..

  A survery of magizine subcribers showed that 458 percent

a survery of magizine subcribers showed that 45.8 percent rented a car during the past 12 months for business reasons.

  P-value and level of significance

State the Null Hypothesis and the Alternative Hypothesis. Determine the test statistic. Determine the P-value

  Study the effect of a new drug on blood pressure

A researcher wishes to study the effect of a new drug on blood pressure.  Consider and discuss the following questions as you respond:

  Create aa 99 confidence interval for the average fuel

a consumer organization examined the relationship between the weight of a car in thousands of pounds and the fuel

  Probability that sheer guess work yield correct answers

A multiple choice quiz has 150 questions each with 5 choices and only 1 is the correct answer. What is the probability that sheer guess work yield from 30 to 40 correct answers out of the 150 questions?

  Do the sample data support the conclusion that the memory

a nutrition store in the mall is selling memory booster which is a concoction of herbs and minerals that is intended to

  The us bureau of labor statistics releases figures on the

the u.s. bureau of labor statistics releases figures on the number of full-time wage and salary workers with flexible

  Find the expected number of seeds that germinate

A certain type of tomato seed germinates 90% of the time. A backyard farmer planted 25 seeds. What is the probability that exactly 20 germinate?

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

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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