31. If there is an outlier based on the IQR Method, give the value or values. 2 3 Lunch Spending ($) = x; 28 10 1 15 5 8 606 7 10 618 Z-Scores
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- 1. As the owner of an ice-cream store, you believe it is necessary to purchase another ice-cream maker to meet the increased demand. You need to take a loan to finance it. The loan officer tells you that your revenues of $750,000 are insufficient to support additional debt. To qualify for the loan, your revenues need to be $50,000 higher. To generate additional revenue, you collect data on the price (in cents) per pound you charge customers and the related quantity of ice-cream consumed per year in pounds. The information is saved in HW3_2.xlsx. Use these data to estimate the log-linear demand specification to obtain least squares estimated of the demand for ice-cream. Write an equation that summarizes the demand for ice cream, and then determine the percentage price increase or decrease that is needed in order to boost revenues by $50,000.2 3 5 Lunch Spending ($) = x; 28 10 1 15 8 7 10 00 10 Z-scoresOnly answer d, e, f and G
- (10+05)The following data were collected on the height (inches) and weight (pounds) of women swimmers.Height6870646566 Weight132110106115128 d. Suppose the value of co-efficient of determination is estimated to be equals 0.85, what does this value explains?FCR and Average daily gain are measured in a continuous scale. true or falsequestion part c should contain a graph