Below are the prices of Amazon stock "y" over a period of 5 days, the number of shares (in 100s) of company's stocks sold (x1), and the volume of exchange (in millions) (x2) is shown below. Day "y" (x1) (x2) 1 87.5 950 11 86 945 11.25 3 84 940 11.75 4 83 930 12.5 84.5 935 12 6 87 970 13 7 85 960 14 Run a regression and use the output to answer the following: 1. Provide an equation that can be used to predict the price of the stock Y = x1 x2 2. The + explains if the equation is a good predictor for price of the stock 3. What is the value for question #2 % (Round to the second (2nd) decimal place)

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Below are the prices of Amazon stock "y" over a period of 5 days, the number of shares (in 100s) of company's stocks sold (x1), and the
volume of exchange (in millions) (x2) is shown below.
Day
"y"
(x1)
(x2)
87.5
950
11
2
86
945
11.25
3
84
940
11.75
4
83
930
12.5
84.5
935
12
6
87
970
13
7
85
960
14
Run a regression and use the output to answer the following:
1. Provide an equation that can be used to predict the price of the stock
Y =
x1
x2
2. The
+ explains if the equation is a good predictor for price of the stock
3. What is the value for question #2
% (Round to the second (2nd) decimal place)
4. At 95% confidence, determine which variable(s) are significant
5. If in a given day, the trading volume of exchange was 16 million and the volume sold was 945,000, what would you expect the price of the
stock to be? $
(Round to the second (2nd) decimal place)
Transcribed Image Text:Below are the prices of Amazon stock "y" over a period of 5 days, the number of shares (in 100s) of company's stocks sold (x1), and the volume of exchange (in millions) (x2) is shown below. Day "y" (x1) (x2) 87.5 950 11 2 86 945 11.25 3 84 940 11.75 4 83 930 12.5 84.5 935 12 6 87 970 13 7 85 960 14 Run a regression and use the output to answer the following: 1. Provide an equation that can be used to predict the price of the stock Y = x1 x2 2. The + explains if the equation is a good predictor for price of the stock 3. What is the value for question #2 % (Round to the second (2nd) decimal place) 4. At 95% confidence, determine which variable(s) are significant 5. If in a given day, the trading volume of exchange was 16 million and the volume sold was 945,000, what would you expect the price of the stock to be? $ (Round to the second (2nd) decimal place)
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