Homework Help is Here – Start Your Trial Now!
Math
Statistics
AutoSave Last assignment-2 - Saved to this PC - O Search ff Johnson, Joshua D. JJ File Home Insert Design Layout References Mailings Review View Help A Share P Comments X Cut O Find v Arial 12 - A A Aa v A AаBЬСcDd AaBЬСcDd AaBbC AaBbСсС Аав АавЬСcD AаBЬСcDd AaBbCcDd E Copy E Replace Paste 1 Normal 1 No Spac. Heading 1 Heading 2 Title Dictate Editor V Format Painter B IU v ab x, x A vevA v Subtitle Subtle Em.. Emphasis A Select v Clipboard Font Paragraph Styles Editing Voice Editor e. the model has no usefulness because R squared is very small. 10. A large national bank charges local companies for using their services. A bank official reported the results of a regression analysis designed to predict the bank's charges (Y) measured in dollars per month for services to local companies against the company's sales revenues (X) in millions of dollars. Data for 21 companies follows: Y hat = -2700 + 20 X with a two-tailed p value equal to 0.034. The interpretation of the p-value for testing if Beta one exceeds 0 is: a. there is significant evidence (at alpha = 0.05), to conclude that sales revenue is positively associated with service charges. b. there is insufficient evidence (at alpha = 0.05), to conclude that sales revenue is a useful linear predictor of service charges. c. Sales revenue is a poor predictor of the service charges. d. Service charges are a very good predictor of the company's sales revenue at alpha = 0.05. e. Every one million dollar increase in company sales revenue increase service charges $0.034 per month, on average. 11 A onerting g ede reteiler wentad to oompere tbe dewnbillooooting opeede Page 4 of 7 1840 words D. Focus 100% 3:43 PM O Type here to search Pr hulu S>G 4/29/2020

AutoSave Last assignment-2 - Saved to this PC - O Search ff Johnson, Joshua D. JJ File Home Insert Design Layout References Mailings Review View Help A Share P Comments X Cut O Find v Arial 12 - A A Aa v A AаBЬСcDd AaBЬСcDd AaBbC AaBbСсС Аав АавЬСcD AаBЬСcDd AaBbCcDd E Copy E Replace Paste 1 Normal 1 No Spac. Heading 1 Heading 2 Title Dictate Editor V Format Painter B IU v ab x, x A vevA v Subtitle Subtle Em.. Emphasis A Select v Clipboard Font Paragraph Styles Editing Voice Editor e. the model has no usefulness because R squared is very small. 10. A large national bank charges local companies for using their services. A bank official reported the results of a regression analysis designed to predict the bank's charges (Y) measured in dollars per month for services to local companies against the company's sales revenues (X) in millions of dollars. Data for 21 companies follows: Y hat = -2700 + 20 X with a two-tailed p value equal to 0.034. The interpretation of the p-value for testing if Beta one exceeds 0 is: a. there is significant evidence (at alpha = 0.05), to conclude that sales revenue is positively associated with service charges. b. there is insufficient evidence (at alpha = 0.05), to conclude that sales revenue is a useful linear predictor of service charges. c. Sales revenue is a poor predictor of the service charges. d. Service charges are a very good predictor of the company's sales revenue at alpha = 0.05. e. Every one million dollar increase in company sales revenue increase service charges $0.034 per month, on average. 11 A onerting g ede reteiler wentad to oompere tbe dewnbillooooting opeede Page 4 of 7 1840 words D. Focus 100% 3:43 PM O Type here to search Pr hulu S>G 4/29/2020

MATLAB: An Introduction with Applications
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
icon
Related questions
Question
AutoSave Last assignment-2 - Saved to this PC - O Search ff Johnson, Joshua D. JJ File Home Insert Design Layout References Mailings Review View Help A Share P Comments X Cut O Find v Arial 12 - A A Aa v A AаBЬСcDd AaBЬСcDd AaBbC AaBbСсС Аав АавЬСcD AаBЬСcDd AaBbCcDd E Copy E Replace Paste 1 Normal 1 No Spac. Heading 1 Heading 2 Title Dictate Editor V Format Painter B IU v ab x, x A vevA v Subtitle Subtle Em.. Emphasis A Select v Clipboard Font Paragraph Styles Editing Voice Editor e. the model has no usefulness because R squared is very small. 10. A large national bank charges local companies for using their services. A bank official reported the results of a regression analysis designed to predict the bank's charges (Y) measured in dollars per month for services to local companies against the company's sales revenues (X) in millions of dollars. Data for 21 companies follows: Y hat = -2700 + 20 X with a two-tailed p value equal to 0.034. The interpretation of the p-value for testing if Beta one exceeds 0 is: a. there is significant evidence (at alpha = 0.05), to conclude that sales revenue is positively associated with service charges. b. there is insufficient evidence (at alpha = 0.05), to conclude that sales revenue is a useful linear predictor of service charges. c. Sales revenue is a poor predictor of the service charges. d. Service charges are a very good predictor of the company's sales revenue at alpha = 0.05. e. Every one million dollar increase in company sales revenue increase service charges $0.034 per month, on average. 11 A onerting g ede reteiler wentad to oompere tbe dewnbillooooting opeede Page 4 of 7 1840 words D. Focus 100% 3:43 PM O Type here to search Pr hulu S>G 4/29/2020
Transcribed Image Text:AutoSave Last assignment-2 - Saved to this PC - O Search ff Johnson, Joshua D. JJ File Home Insert Design Layout References Mailings Review View Help A Share P Comments X Cut O Find v Arial 12 - A A Aa v A AаBЬСcDd AaBЬСcDd AaBbC AaBbСсС Аав АавЬСcD AаBЬСcDd AaBbCcDd E Copy E Replace Paste 1 Normal 1 No Spac. Heading 1 Heading 2 Title Dictate Editor V Format Painter B IU v ab x, x A vevA v Subtitle Subtle Em.. Emphasis A Select v Clipboard Font Paragraph Styles Editing Voice Editor e. the model has no usefulness because R squared is very small. 10. A large national bank charges local companies for using their services. A bank official reported the results of a regression analysis designed to predict the bank's charges (Y) measured in dollars per month for services to local companies against the company's sales revenues (X) in millions of dollars. Data for 21 companies follows: Y hat = -2700 + 20 X with a two-tailed p value equal to 0.034. The interpretation of the p-value for testing if Beta one exceeds 0 is: a. there is significant evidence (at alpha = 0.05), to conclude that sales revenue is positively associated with service charges. b. there is insufficient evidence (at alpha = 0.05), to conclude that sales revenue is a useful linear predictor of service charges. c. Sales revenue is a poor predictor of the service charges. d. Service charges are a very good predictor of the company's sales revenue at alpha = 0.05. e. Every one million dollar increase in company sales revenue increase service charges $0.034 per month, on average. 11 A onerting g ede reteiler wentad to oompere tbe dewnbillooooting opeede Page 4 of 7 1840 words D. Focus 100% 3:43 PM O Type here to search Pr hulu S>G 4/29/2020
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS