12. Fit a straight line trend by the method of least squares to the followingdata. Assuming that the same rate of change continues, what would be the predictedearming for the year 2015?Year2001 2002200320042005 2006 2007 2008Eamings (Rs. lakh):Do not plot the trend values on the graph.3840657269 608795

Answered: Image /qna-images/answer/da8ee119-6fee-4777-9ba0-6792df3bd7ef.jpg

Answered: 12. Fit a straight line trend by the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A company has the following monthly sales for the past year. Plot the data points on a line graph and describe the results. Month Sales 1 145 2 146 3 145 4 150 5 148 6 150 7 156 8 160 9 158 10 153 11 152 12 154
A. run a simple regression- dependent variable is Weeks, independent variable is Age. B. run a multiple regression with dependent variable weeks and independent variable-age, married, head, manager and sales. C. Create the regular and standardized residual plots for both. Please show the tables when entering values of the regression for both the outputs and the scatter plots.
A random sample of ten professional athletes produced the following data. The first row is the number of endorsements the athlete has and the second row is the amount of money made (in millions of dollars) by the athlete.   What is the slope of the line of best fit? Round to 3 decimal places. Number of Endorsements 0 3 2 1 5 5 4 3 0 4 Profit (in Millions) 2 8 7 3 13 12 9 9 3 10
Use the Women's Earnings scatterplot below to answer the questions. Women's Earnings as a Percentage of Men's Earnings 90 80 70 60 50 y = 0.617x - 1156.3 R² = 0.9302 40 30 20 10 1979 1984 1989 1994 1999 2004 2009 Year Use the equation for the trend line to estimate women's earnings as a percentage of men's earnings in 2000. (Round to the tenths place.) Percentage
please answer all the parts of the within30 minutes. make sure all the parts of the question are answered else i will give negative ratings.
Q27
A study was done to look at the relationship between number of vacation days employees take each year and the number of sick days they take each year. The results of the survey are shown below. Vacation Days 5 15 13 3 9 0 3 7 7 14 4 Sick Days 5 5 1 5 4 9 9 6 5 3 9 Use the model to predict the number of sick days taken for an employee who took 3 vacation days this year.Sick Days = ? (Please round your answer to the nearest whole number.) Interpret the slope of the regression line in the context of the question: As x goes up, y goes down. The slope has no practical meaning since a negative number cannot occur with vacation days and sick days. For every additional vacation day taken, employees tend to take on average 0.40 fewer sick days. Interpret the y-intercept in the context of the question: The y-intercept has no practical meaning for this study. If an employee takes no vacation days, then that employee will take 8 sick days. The average number of sick days is…
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A professor went to a website for rating professors and looked up the quality rating and also the "easiness" of the six full-time professors in one department. The ratings are 1 (lowest quality) to 5 (highest quality) and 1 (hardest) to 5 (easiest). The numbers given are averages for each professor. Assume the trend is linear, find the correlation, and comment on what it means. Calculate the correlation. r = (Round to three decimal places as needed.) Comment on the meaning of the correlation. Choose the correct interpretation below. OA. The professors that have high easiness scores tend to also have low quality scores.. OB. Being "easy" as a professor causes students to regard the professor as having a higher quality. OC. The professors that have high easiness scores tend to also have high quality scores. OD. Being "easy" as a professor causes students to regard the professor as having a lower quality. Quality Easiness D 4.7 3.7 4.7 3.1 4.2 3.5 4.2 2.6 3.9 1.9 3.5 1.8
A soda company is monitoring the number of cases of soda it produces as a function of time. A manager checked the line several times a day for a week. She then graphed the combined data. Assume that we should see a linear (best straight line) relationship between time and production. What is the best estimate of the number of cases that will be produced in 1 hr on a typical day? 8. 7 1 0.5 1.5 2 2.5 Time in hours Select one: а. 1 b. 2 C. 2.5 d. 4.5 е. 7 Cases of soda produced
The ordered pairs below give the winning times (in seconds) of a 100-meter freestyle swim race at a regularly-held competition from 1984 through 2012. (1984, 54.22) (2000, 52.13) (1988, 53.23) (2004, 52.14) (1992, 52.94) (2008, 51.42) (1996, 52.80) (2012, 51.30) (a) Sketch a scatter plot of the data. Let y represent the winning time (in seconds) and let t = 84 represent 1984. (b) Sketch the line that you think best approximates the data and find an equation of the line. (Round the slope and y-intercept to one decimal place.) y = (c) Use the regression feature of a graphing utility to find the equation of the least squares regression line that fits the data. (Round the slope and y-intercept to two decimal places.) y =
I have this much done, but need help with E, i,ii,iii Which asks: Choose a year other than the one from part 2c. A birth year or the first year might be a good choice(I picked 1990) .i. Use the trend line equation to estimate the y-value for the year of your choice. Find the relative change in the y-value for your chosen year compared to the last year’s value you found in part 2c iii. Interpret the meaning of your relative change value. F.Should we use the trend line model to estimate the y-value for 2020? Why or why not? Note: Hey there! Thank you for the question. As you have posted multiple sub-parts, we have helped you solve the first three parts, according to our policy. Please re-post the other parts with complete background information. Step 2 Calculation: As it is required to build a scatterplot with a trendline, we need to use Excel, where this feature is available. The independent or predictor variable is year, which we have denoted as x, and the dependent…

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