b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The scatter diagram indicates a Select your answer - v linear relationship between x = speed of execution rating and y = overall satisfaction rating for electronic trades. c. Develop the least squares estimated regression equation. Enter negative value as negative number. Satisfaction = Speed (to 4 decimals) d. Provide an interpretation for the slope of the estimated regression equation. The slope of the estimated regression line is approximately (to 4 decimals). So, a one unit Select your answer - v in the speed of execution rating will increase the overall satisfaction rating by approximately points (to 1 decimal). e. Suppose Vanguard Brokerage Services developed new software to increase their speed of execution rating. If the new software is able to increase their spe of execution rating from the current value of 2.4 to the average speed of execution rating for the other 10 brokerage firms that were surveyed, what value would you predict for the overall satisfaction rating? (to 3 decimals)

b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The scatter diagram indicates a Select your answer - v linear relationship between x = speed of execution rating and y = overall satisfaction rating for electronic trades. c. Develop the least squares estimated regression equation. Enter negative value as negative number. Satisfaction = Speed (to 4 decimals) d. Provide an interpretation for the slope of the estimated regression equation. The slope of the estimated regression line is approximately (to 4 decimals). So, a one unit Select your answer - v in the speed of execution rating will increase the overall satisfaction rating by approximately points (to 1 decimal). e. Suppose Vanguard Brokerage Services developed new software to increase their speed of execution rating. If the new software is able to increase their spe of execution rating from the current value of 2.4 to the average speed of execution rating for the other 10 brokerage firms that were surveyed, what value would you predict for the overall satisfaction rating? (to 3 decimals)

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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Bowling Corporation wants to know how closely its current cost driver is correlated with its monthly operating costs. The managerial accountant runs a regression analysis using a statistical software program and produces the following data: Intercept Coefficient = 12,200,567 X Variable 1 Coefficient = 95.65 R-square= 0.8574 What is the Bowling Corporation's monthly cost equation? OA. y $95.65x + $12,200,567 OB. y $95.65x + $8.574 O c. y = $0.8574x + $12,200,567 O D. y = $12,200,567x + $8,574 ---
Report the equation of the regression line and interpret it in the context of the problem
ABC, Inc., sells tea products to various customers. In recent years, profits have been declining. The CFO of the company investigated the reasons for the profit decline and performed regression analysis for sales and costs. She determined that sales depend on product price, delivery speed, customer services, and marketing expenses. She also determined that total costs consist of variable costs of $25 per unit and fixed costs of $56,000. Marketing expenses have a coefficient of determination of 75% related sales.Question: List two advantages and two limitations of regression analysis.
Suppose that you are interested in the relationship between Reading and Writing scores. (c) Compute and interpret the R2 value for the relationship between Reading and Writing scores. (d) Interpret the value of the slope in the regression model predicting Reading scores from Writing scores. RDG WRTG 34 44 47 36 42 59 39 41 36 49 50 46 63 65 44 52 47 41 44 50 50 62 44 41 47 40 42 59 42 41 47 41 60 65 39 49 57 54 73 65 47 46 39 44 35 39 39 41 48 49 31 41 52 63 47 54 36 44 47 44 34 46 52 57 42 40 37 44 44 33 71 58 47 46 42 33 42 36 47 41 52 54 52 54 39 39 31 41 60 54 47 31 39 28 42 36 47 57 42 49 36 41 50 33 34 34 55 55 28 46 42 42 44 44 60 52 39 57 36 37 44 44 39 42 39 34 42 39 42 44 52 54 65 65 42 26 47 62 52 62 44 54 52 54 47 44 65 57 63 65 60 59 47 44 65 57 53 61 68 63 55 56 39 53 52 52 65 67 52 44 57 67 63…
The arm span and foot length were both measured (in centimeters) for each of 20 students in a biology class. The computer output displays the regression analysis. Which of the following is the best interpretation of the coefficient of determination r2? About 37% of the variation in arm span is accounted for by the linear relationship formed with the foot length. About 65% of the variation in foot length is accounted for by the linear relationship formed with the arm span. About 63% of the variation in arm span is accounted for by the linear relationship formed with the foot length. About 63% of the variation in foot length is accounted for by the linear relationship formed with the arm span.
Briefly describe what is meant by the problem of errors in measurement of the predictor variables and describe its effect on a regression analysis.
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Used cars 2010 Vehix.com offered several used ToyotaCorollas for sale. The following table displays the ages ofthe cars and the advertised prices. a) Make a scatterplot for these data.b) Do you think a linear model is appropriate? Explain.c) Find the equation of the regression line. d) Check the residuals to see if the conditions for infer-ence are met. Age (yr) Price ($) Age (yr) Price ($)1 15988 6 99951 13988 6 119882 14488 7 89903 10995 8 94883 13998 8 89954 13622 9 59904 12810 10 41005 9988 12 2995
The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is ŷ = 21.592 + 0.324x, where x = price ($) and y = overall score. Brand Price ($) Score A 180 76 B 150 69 C 95 61 D 70 56 E 70 38 F 35 24 (a) Compute SST, SSR, and SSE. (Round your answers to three decimal places.) (b) Compute the coefficient of determination r2. (Round your answer to three decimal places.) (c) What is the value of the sample correlation coefficient? (Round your answer to three decimal places.)