2. A qualitative variable is characterized * by its inability to be measured but it can be sorted into categories. O True O False 3. The dependent variable is the effect. Its value depends on changes in the independent variable. True O False
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- Pls dont do handwritten and also explain concept and use excel formulas wherever required and not the statistics tables.Beachcomer Ltd is a local car dealership that sells used and new vehicles. The manager of the company wants to know how different variables affect the sales of his vehicles. A random sample of yearly data was taken with the view to testing the model. SALES = a+BAGE + yMIL + SENG Where SALES = amount that a vehicle is sold for (000's), AGE = age of vehicle, MIL= the total mileage of the vehicle at the point of sale and ENG = the size of the engine. The sample of data was processed using MINITAB and the following is an extract of the output obtained: The regression equation is ***** Coef StDev t-ratio p-value Predictor Constant 1.7586 0.2525 6.9648 0.0000 AGE 0.2124 0.3175 * 0.5042 MIL -0.7527 0.3586 -2.0991 ** ENG 4.8124 0.6196 7.7664 0.0000…Suppose you have access to a database with the variables listed below. Using the two variables BMI(the predictor) and diabetes(the outcome) Name two types of descriptive statistics you could report specifying the variables BMI and diabetes.
- Beachcomer Ltd is a local car dealership that sells used and new vehicles. The manager of the company wants to know how different variables affect the sales of his vehicles. A random sample of yearly data was taken with the view to testing the model. SALES = a+BAGE + yMIL + SENG Where SALES = amount that a vehicle is sold for (000's), AGE = age of vehicle, MIL= the total mileage of the vehicle at the point of sale and ENG = the size of the engine. The sample of data was processed using MINITAB and the following is an extract of the output obtained: The regression equation is ***** Coef StDev t-ratio p-value Predictor Constant 1.7586 0.2525 6.9648 0.0000 AGE 0.2124 0.3175 * 0.5042 MIL -0.7527 0.3586 -2.0991 ** ENG 4.8124 0.6196 7.7664 0.0000…Is the dependent variable is always dependent to the independent variable(s) of the study? Why?Beachcomer Ltd is a local car dealership that sells used and new vehicles. The manager of the company wants to know how different variables affect the sales of his vehicles. A random sample of yearly data was taken with the view to testing the model. SALES = a+BAGE + yMIL + SENG Where SALES = amount that a vehicle is sold for (000's), AGE = age of vehicle, MIL= the total mileage of the vehicle at the point of sale and ENG = the size of the engine. The sample of data was processed using MINITAB and the following is an extract of the output obtained: The regression equation is ***** Coef StDev t-ratio p-value Predictor Constant 1.7586 0.2525 6.9648 0.0000 AGE 0.2124 0.3175 * 0.5042 MIL -0.7527 0.3586 -2.0991 ** ENG 4.8124 0.6196 7.7664 0.0000…
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