The manager of catering company is studying the relationship between the number ofstudents' boarding schools and the winning bids of catering prices per student.8.SchoolNumber of StudentsWinning Rid (RM)130012.0035011.80340011.5045011.5050011.0055010.8060010.508.65010.5070010.301075010.20118009.80128509.60(i)(ii)Identify the dependent and independent variables involved in this study.Calculate the Pearson's product moment correlation coefficient to determinewhether there is a linear relationship between the number of students and thewinning bid.(iii) Determine the coefficient of determination and give a comment about its value.(iv)Construct the equation of the regression line of the winning bid against thenumber of students using the least square methodEstimate the winning bid if the number of student is 780.(v) A research was carried out to study the relationship between the inflation rate (%) andunemployment rate (%). The data were summarized as in the table below.7.Inflation Rate0.71.52.42.83.53.54.56.5Unemployment Rate10.54.59.09.56.56.84.05.5(i)(ii) Calculate the product moment coefficient of correlation for the data and commentIdentify the dependent and independent variables involved in this study.on its value.(iii) Calculation the coefficient of determination and give a comment on its value.TUTORIAL CHAPTER 6 (PART A & PART B): LINEAR REGRESSION ANDCORRELATION(iv) Construct a least-squares regression equation of the two variables.(v)Estimate the inflation rate for an unemployment rate of 7.0%.

Name: The manager of catering company is studying the relationship between
Uploaded: 2024-03-05T11:52:21.000Z
Channel: Bartleby
Description: The manager of catering company is studying the relationship between the number ofstudents' boarding schools and the winning bids of catering prices per student.8.SchoolNumber of StudentsWinning Rid (RM)130012.0035011.80340011.5045011.5050011.005501

Since you have asked multiple question, we will solve the first question for you. If you want any…

Math

Statistics

A research was carried out to study the relationship between the inflation rate (%) and unemployment rate (%). The data were summarized as in the table below. 7. Inflation Rate 0.7 1.5 2.4 2.8 3.5 3.5 4.5 6.5 Unemployment Rate 6.5 6.8 5.5 4.5 9.0 9.5 10.5 4.0 (i) Identify the dependent and independent variables involved in this study. (ii) Calculate the product moment coefficient of correlation for the data and comment on its value. (iii) Calculation the coefficient of determination and give a comment on its value.

A research was carried out to study the relationship between the inflation rate (%) and unemployment rate (%). The data were summarized as in the table below. 7. Inflation Rate 0.7 1.5 2.4 2.8 3.5 3.5 4.5 6.5 Unemployment Rate 6.5 6.8 5.5 4.5 9.0 9.5 10.5 4.0 (i) Identify the dependent and independent variables involved in this study. (ii) Calculate the product moment coefficient of correlation for the data and comment on its value. (iii) Calculation the coefficient of determination and give a comment on its value.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Q: What's More ASSESSI Shortye y daum wold Frequency Number of Rate per Time (t) (number of No. Time of…

A: As per our guideline we are supposed to answer only 3 subpart of question you can repost other parts…

Q: 7.A certain product that costs P 19500 in 2014 has an equivaient model in 2018 that costs P 22,250…

A: Use the following inflation formula, to obtain the solution. F=P1+r100n Where P is the starting…

Q: Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Stock XYZ 3.4 24.9 10.5 30.6 16.0 25.7…

A: Hi! Thank you for the question. As per the honor code, we are allowed to answer three sub-parts at a…

Q: or which year, the percent increase of gold reserves over the previous year is the highest? a)…

Q: The Bank of Canada is interested in studying the relationship between mortgage rates and median home…

A: Given information: Year Interest rate (%) Median home price 1988 10.3 183,800 1989 10.3…

Q: Use the stock table to answer parts (a) throught (h). Company A NASDAQ: CA 267.98 0.54(0.20%) July…

A: Using the stock table, we need to calculate the closing price of the stock on July 8 and compare it…

Q: 2. A stock is currently selling for $74 and pays a dividend of $2.75. Dividends are expected to grow…

A: Given:Dividend () Growth rate () Required rate of return () Current selling price:

Q: Justin Lieberman must earn a minimum rate of return of 9.25% as compensation for the risk of the…

Q: the inflation rate was about what percent

A: Average Annual consumer price index.To Find:Inflation rate %

Q: 11.7 You want to purchase a car with a sticker price of $25,000. The car dealer offers you a $2,000…

A: Since you have posted a multiple question according to guildlines I will solve first question(11.7)…

Q: The price index of metal was 127.9 in June 2000 and 215.3 in June 2020. Compute the nual inflation…

A: Given information: Given that the metal price index values for the years 2000, 2020 and 2025 is…

Q: What is the effective rate of an investment that earns a 10% nominal rate compounded monthly? O A.…

A: Definition used - effective rate =1+inn-1 Here i =…

Q: ank records the number of mortgage applications (y) and its own prevailing interest rate (x) (at the…

A: Given, x= interest rate y= number of mortgage application y x 27 9.5 29 9.9 25 10 25…

Q: A market analyst has obtained the following prices (in Rands) and quantities (in kg) of three…

A: 2018 Current Year Commodity Pricep0 Quantityq0 Pricep1 Quantityq1 X 10 100 15 200 Y 8…

Q: What part of the analysis could benefit from explicit term structure modeling? How would you use a…

A: A statistical model is a mathematical model that can be used for the estimation process.

Q: 3.9 Kenya 55 380 2.9 6.8 Indonesia 35 530 4.1 3.4 Panama 30 1910 3.1 8.6 Chile 25…

A: Country Birth rate GNP Growth Income ratio Bangladesh 47 140 0.3 2.3 Tanzania 47 280 1.9 3.2…

Q: A. Solve for the following: 1. Σf 2. Σχ 3. Σχ 4. Mean 5. Median 2020 Inflation Rate 8.2 9.2 7.9 9.9…

Q: Compute a simple aggregate price index. Use 2010 as the base period.

A: Let po be the base year prices. i.e 2010 And p1 be the current year prices i.e 2018

Q: The Bank of Canada is interested in studying the relationship between mortgage rates and median home…

A: Given information: The data represents the values of the variables Interest rate (%) and Median home…

Q: 16. Table 3.15 shows the number of items (in thousands) produced from a factory pro- duction line…

A: An index number may be defined as the specialised average designed to measure the change in the…

Q: Complete the following without using Table12.1. (Round the "Total amount" and "Total interest" to…

Q: f the annual geometric mean for the equity risk premium is 8.4 %, what % of the equity risk premium…

A: This is a problem related to trading risk. Based on the general formula and concept we will answer…

Q: DENMARK 2001 2002 2003 2004 2005 2006 geo. avg 2.4 2.4 2.1 1.8 1.9 consumer price index 1.2 exchange…

A: It is geometric mean percentage concept of statistics

Q: Principal Periodic Number Interest Eamed Interest of Periods 60 Future Value of Principal Example 4.…

Q: a) Estimate a simple linear regression model and find the value of the parameters for the estimation…

A: Data is given We have to calculate regression equation, slope, intercept, coefficient of…

Q: Suppose that 2% of the employed lose their job each month. Further suppose that 25% of the…

A: 2% employed lose their job each month : 25% unemployed are getting job each month. s= 2% = 0.02 f =…

Q: Predicting next year's sales on the basis of past several years' data is Select one: O a. Regression…

A: It is an important part of statistics. It is widely used.

Q: start of the indicated year. Region 1 prices for pine puipwood in tw Region 2 4.00 6.70 9.00 Year…

A: Find the answer below.

Q: The following graph shows the average annual prime rate of interest (to the nearest whole percent)…

A: Given the average annual prime rate of interest charged by bank for each of the year from 2000 to…

Q: 2. If a stock price went from $100 to $110 per share in a year, what was its annual rate of return?…

Q: 1. A community experiences linear population growth at a yearly rate of 3%. The population in 2000…

Q: Najabhai

A: The objective of the question is to calculate the value of a European put option in $/£ given the…

Concept explainers

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.

Topic Video

Question

100%

The manager of catering company is studying the relationship between the number of
students' boarding schools and the winning bids of catering prices per student.
8.
School
Number of Students
Winning Rid (RM)
1
300
12.00
350
11.80
3
400
11.50
450
11.50
500
11.00
550
10.80
600
10.50
8.
650
10.50
700
10.30
10
750
10.20
11
800
9.80
12
850
9.60
(i)
(ii)
Identify the dependent and independent variables involved in this study.
Calculate the Pearson's product moment correlation coefficient to determine
whether there is a linear relationship between the number of students and the
winning bid.
(iii) Determine the coefficient of determination and give a comment about its value.
(iv)
Construct the equation of the regression line of the winning bid against the
number of students using the least square method
Estimate the winning bid if the number of student is 780.
(v)

A research was carried out to study the relationship between the inflation rate (%) and
unemployment rate (%). The data were summarized as in the table below.
7.
Inflation Rate
0.7
1.5
2.4
2.8
3.5
3.5
4.5
6.5
Unemployment Rate
10.5
4.5
9.0
9.5
6.5
6.8
4.0
5.5
(i)
(ii) Calculate the product moment coefficient of correlation for the data and comment
Identify the dependent and independent variables involved in this study.
on its value.
(iii) Calculation the coefficient of determination and give a comment on its value.
TUTORIAL CHAPTER 6 (PART A & PART B): LINEAR REGRESSION AND
CORRELATION
(iv) Construct a least-squares regression equation of the two variables.
(v)
Estimate the inflation rate for an unemployment rate of 7.0%.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

Step 2

Step 3

Step 4

Step 5

Step by step

Solved in 5 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Application of Algebra$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions

hh.
The Bank of Canada is interested in studying the relationship between mortgage rates and median home prices. The data is provided below Median home price $183,800 $183,200 $174,900 $173,500 $172,900 $173,200 $173,200 $169,700 $174,500 $177,900 Year interest rate (%) 10.30 1988 1989 10.30 1990 10.10 1991 9.30 1992 8.40 1993 7.30 1994 8.40 1995 7.90 1996 7.60 1997 7.60 $188,100 $203,200 $230,200 $258,200 1998 6.90 1999 7.40 2000 8.10 2001 7.00 $309,800 $329,800 $431.000 2002 6.50 2003 5.80 2004 5.80 $515,000 $537,000 2005 5.80 2006 6.40 2007 6.30 $496,000 $352,000 $232,000 $291.700 $262,900 2008 6.00 2009 5.00 2010 4.70 2011 4.40 $299,200 $321,200 $373,500 $358,100 $382,500 $402,900 2012 3.60 2013 4.00 2014 4.10 2015 3.80 2016 3.60 2017 4.00 d) Confirm the intercept, slope and correlation coefficient by computing them without SPSS e) At the 5% significance level, determine if the model is useful. In responding, construct and test any appropriate hypothesis.
Sears Holdings Corporation (SHLD) is one of the largest mall-based retailers in the United States. The following year-end data were taken from a recent Sears balance sheet (in millions): December 31 Year 2 Year 1 Current assets $6,045 $5,863 Current liabilities 5,438 5,595 a. Compute the working capital and the current ratio as of December 31, Year 1 and Year 2. (Round your answers to two decimal places.) Year 2 Year 1 Working capital $ fill in the blank 1 $ fill in the blank 2 Current Ratio fill in the blank 3 fill in the blank 4 b. If a company has a current ratio less than 1 and a working capital decline, what does it indicate?
Check and report confidence in each model format that you created
21:40 ll LTE A brainmass.com Sign in Join Forecast E Add The Mayfair Department Store in Davenport, lowa, is trying to determine the amount of sales lost while it was shut down during July and August because of damage caused by the Mississippi River flood. Sales data for January through June follow. Month Sales ($1000s) January 185.72 February 167.84 March 205.11 April 210.36 May 255.57 June 261.19 a) Use exponential smoothing with Alpha = 0.4, to develop a forecast for July and August. (Hint: Use the forecast for July as the actual sales in July in developing the August forecast.) Comment on the use of exponential smoothing for forecasts more than one period into the future. We use cookies to ensure that we give you the best experience on our website. By continuing to use the site, you consent to the use of cookies. Please review our Privacy Policy OK
3. The annual rate of the return for ACH Corporation common stock has been: 2000 -10% 1998 1999 Return 14% 15% What's the geometric mean of the rate of return for the common stock over the four years? A). B). C). E). 8.62 7.69 10.22 7.46 6.64 2001 14% 4. The average household income in the City of Santa Rosa (CA) is reported to be $75,000 per year, but the city finance manager believes that the average income is much higher due to the recent relocations of several high-tech firms to the city from the Silicon Valley. The city then commissioned a study using 2,000 residents and found that the average income is $85,000 with a o = $10,000. Let a = 1%. H₂: Mean = μ $75,000 What's the critical Z-value for this test? A). - 1.645 B). + 1.96 C). + 1.645 D). - 1.96 E). + 2.32
Please Answer 3 Sub Parts the question and no Reject.... Thank u
Exercise 4.7.25. [A] For each of the following, use the online CPI Inflation Calaulsas (a) Find the buying power in 2010 of $12.50 in 2004. (b) Find the buying power in 2011 of $42.99 in 2000. (c) Find the buying power in 2008 of $20.00 in 2010. (d) Find the buying power in 2010 of $100 in 1992.
The discount rate set by the central bank of Romulus for the past 6 quarters is shown below: Quarter Discount Rate Quarter Discount Rate 1 10.0% 4 8.5% 2 10.5% 5 9.6% 3 11.4% 6. 11.5% The median is closest to: A. 10.25%. B. 10.50%. C. 11.25%.
A proposed project has the following cash flow estimates.Assuming statistically independent cash flows, a normally distributed net present value, and a minimum attractive rate of return of 15%, determine the following. For the following questions, employ an analytical solution: a. the mean and standard deviation of net present value. b. the probability that the net present value is negative. c. the probability that the net present value is greater than $1,000,000. Assume the initial investment and annual receipts are normally distributed. d. Using a Monte Carlo simulation with 10,000 iterations, estimate the probability that the present worth is negative.
Suppose that a firm's sales were $3,750,000 five years ago and are $5,250,000 today. What was the geometric mean growth rate in sales over the past five years?
Using 2010 as the base period, compute a series of simple price indexes for the price of a certain pr 2012 2013 2014 2015 2010 2011 $1385.68 $1786.39 $1699.13 $1290.62 $1356.89 $1481.17 Price per ounce Complete the table. (Round to two decimal places as needed.) Year Simple Price Index 2010 2011 2012 2013 2014 2015 Interpret the results. Relative to 2010, the price of the precious metal 2015. by% in 2011, www by% in 2013