Tucson Machinery, Inc., manufactures numerically controlled machines, which sell for an average priceof $14.0 million each. Sales for these NCMs for the past two years were as follows: Use Exhibit 3.10.QUARTERLAST YEARIIIIIIIVQUANTITY(UNITS)Y =14202818QUARTERTHIS YEARIIIIIIIVQUANTITY(UNITS)20263015a. Find the equation of a simple linear regression line using Excel. (Round your answers to 3 decimalplaces.)> Answer is complete but not entirely correct.18.535 X +0.630 t

Here, for each quarter, I have been given the quantity(units) data, Here, I would use the actual…

Answered: a. Find the equation of a simple linear…

Practical Management Science

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Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Multiple regression analysis examines the linear relationship between a dependent variable (y) and two or more independent variables (x1, x2, and so on). True False
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The table below summarizes the result of data analysis of research conducted in a sales organization that operates in 50 cities of the country, and ermploys a total of about 500 sales force. The sample size of this study was 150. Results of regression analysis R square 0.43459 Adjusted R square 0.35225 Standard error 0.41173 F-stat 5.278 Sig 0.000 Variable Beta Sig. I Training of 0.28 2.768 0.0092 salespersons No. of salesperson 0.34 3.55 0.00001 Population 0.09 0.97 0.467 Per capita income 0.12 1.200 0.089 Advertisement 0.47 4.54 0.00001 a) Summarize the results to the top management of the company. Assess whether the identified independent variables affect the sales performance.
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bex Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 3.136512 0.964065 0.985521 0.971252 0971252 Given the above regression statistics, what is the value of the coefficient of determination? 0.964065 3.136512

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a. Find the equation of a simple linear regression line using Excel. (Round your answers to 3 decimal places.) Y = Answer is complete but not entirely correct. 18.535 X 0.630 t