27. Consider the data in the following table regardingrevenue generated in a company during a recent 3-yearperiod. [6.4]REVENUE, y(in millions)YEAR, x12738a) Find the regression line, y = mx + b.b) Use the regression line to predict the revenue in thefourth year.

Given, Year, X Revenue, Y 1 5 2 7 3 8

Answered: 27. Consider the data in the following…

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 biologist wants to predict the height of male giraffes, y, in feet, given their age, x1, in years, weight, x2, in pounds, and neck length, x3, in feet. She obtains the multiple regression equation yˆ=7.36+0.00895x1+0.000426x2+0.913x3. Predict the height of a 12-year-old giraffe that weighs 3,100 pounds and has a 7-foot-long neck, rounding to the nearest foot.
A 1 Demand 2 WN 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 7.38 8.51 9.52 7.50 9.33 8.28 8.75 7.87 7.10 8.00 7.89 8.15 9.10 8.86 8.90 8.87 9.26 9.00 8.75 7.95 7.65 7.27 8.00 8.50 8.75 9.21 8.27 7.67 7.93 9.26 B PriceDif -0.05 0.25 0.60 0.00 0.25 0.20 0.15 0.05 -0.15 0.15 0.20 0.10 0.40 0.45 0.35 0.30 0.50 0.50 0.40 -0.05 -0.05 -0.10 0.20 0.10 0.50 0.60 -0.05 0.00 0.05 0.55 C
Suppose that for a typical FedEx package delivery, the cost of the shipment is a function of the weight of the package measured in ounces. You want to try to predict the cost of a typical shipment given package dimensions. If 10 packages in a city are sampled and the regression output is given below, report the regression equation. 1) (cost of delivery) = 1.468*(weight) - 23.015 2) (weight) = -23.015*(cost of delivery) + 1.468 3) (cost of delivery) = -23.015*(weight) + 1.468 4) (cost of delivery) = 1.468*(weight) 5) (weight) = 1.468*(cost of delivery) - 23.015
The flow rate in a device used for air quality measurement depends on the pressure drop x (inches of water) across the device's filter. Suppose that for x values between 5 and 20, these two variables are related according to the simple linear regression model with true regression line y = -0.11 + 0.097x. (a.1) What is the true average flow rate for a pressure drop of 10 in.?(a.2) A drop of 15 in.?(b) What is the true average change in flow rate associated with a 1 inch increase in pressure drop?(c) What is the average change in flow rate when pressure drop decreases by 5 in.?
For10 observations on supply (X) and price (Y) the following data are obtained ΣΧ-130, ΣΧ-2280, ΣΥ-5506 , ΣΧΥ-3467, ΣΥ-220 Obtain regression line Y on X and estimate supply when price is 16.
The table shows the numbers of new-vehicle sales (in thousands) in the United States for Company A and Company B for 10 years. The equation of the regression line is y = 0.991x + 1,222.81. Complete parts (a) and (b) below. D New-vehicle sales (Company A), x New-vehicle sales (Company B), y 4,149 3,923 3,566 3,400 3,266 3,076 2,868 2,485 1,952 2,066 4,912 4,871 4,827 4,721 4,672 4,474 4,684 3,822 2,956 2,754 (a) Find the coefficient of determination and interpret the result. 12²=0 (Round to three decimal places as needed.) 1
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27. Consider the data in the following table regarding revenue generated in a company during a recent 3-year period. [6.4] REVENUE, y (in millions) YEAR, x 1 2 7 3 8 a) Find the regression line, y = mx + b. b) Use the regression line to predict the revenue in the fourth year.