Beltrami Company used multiple regression on 10 months of data on materialshandling cost (in U.S. dollars), the number of moves, and the number of poundsmoved. The coefficients determined by the regression program results are: intercept,500; X variable 1 (number of moves), 7; and X variable 2 (number of ponds moved),0.3. If Beltrami Company estimates that November will have 400 moves and 20,000pounds of materials moved, the total estimated materials handling cost for thatmonth is—111A) $507.30B) $3,269.10C) $9,300.00D) $9,800.00E) none of the above

From the above given data the following solution is provided below: Given data, Intercept = 500…

Answered: Beltrami Company used multiple…

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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Please answer parts d, e and f.
Show your work please.
A researcher wishes to examine the relationship between years of schooling completed and the number of pregnancies in young women. Her research discovers a linear relationship, and the least squares line is: ŷ = 25x where x is the number of years of schooling completed and y is the number of pregnancies. The slope of the regression line can be interpreted in the following way: When amount of schooling increases by one year, the number of pregnancies tends to increase by 5. When amount of schooling increases by one year, the number of pregnancies tends to decrease by 5. When amount of schooling increases by one year, the number of pregnancies tends to increase by 2. When amount of schooling increases by one year, the number of pregnancies tends to decrease by 2.
A student used multiple regression analysis to study how family spending (y) is influenced by income (X1), family size (x2), and additions to savings (x3). The variables y, x1, and x3 are measured in thousands of dollars. The following results were obtained.
Mary used a sample of 68 large U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median annual income per capita, in dollars). Her estimated regression equation was Crime = 428 + 0.050 Income. If Income decreases by 500, we would expect that Crime will Group of answer choices remain unchanged. decrease by 25. increase by 500. decrease by 50.
Ariel was running analyses over and over in census data and came across a correlation between weight and debt (r=.78). Independent variable is weight and dependent variable is debt. b) Curious Ariel noted some statistics on these weight (M=160lb, SD=15lb) and debt (M=196k, SD=20k). If Ariel wanted to calculate a regression equation, what would her slope and intercept be?
Yummy Lunch Restaurant needs to decide the most profitable location for their business expansion. Marketing manager plans to use a multiple regression model to achieve their target. His model considers yearly revenue as the dependent variable. He found that number of people within 2KM (People), Mean household income(income), no of competitors and price as explanatory variables of company yearly revenue. The following is the descriptive statistics and regression output from Excel. Revenue People Income Competitors Price Mean 343965.68 5970.26 41522.96 2.8 5.68 Standard Error 5307.89863 139.0845281 582.1376385 0.142857 0.051030203 Median 345166.5 6032 41339.5 3 5.75 Mode #N/A 5917 #N/A 3 6 Standard Deviation 37532.51115 983.47613 4116.334718 1.010153 0.360838027 Sample Variance 1408689393 967225.2984 16944211.51 1.020408 0.130204082 Sum 17198284 298513 2076148…
This was not the correct quadratic model for the data
Please help me better understand how to solve this word problem. In a study of 2000 model cars, a researcher computed the least-squares regression line of price (in collars) on horsepower. He obtained the following equation of: Price = -7000 + 170 X horsepower. Based on the least-squares regression line, what would we predict the cost of a 2000 model car with horsepower equal to 230 to be (assuming no extrapolation error)?
Range of ankle motion is a contributing factor to falls among the elderly. Suppose a team of researchers is studying how compression hosiery, typical shoes, and medical shoes affect range of ankle motion. In particular, note the variables Barefoot and Footwear2. Barefoot represents a subject's range of ankle motion (in degrees) while barefoot, and Footwear2 represents their range of ankle motion (in degrees) while wearing medical shoes. Use this data and your preferred software to calculate the equation of the least-squares linear regression line to predict a subject's range of ankle motion while wearing medical shoes, ?̂ , based on their range of ankle motion while barefoot, ? . Round your coefficients to two decimal places of precision. ?̂ = A physical therapist determines that her patient Jan has a range of ankle motion of 7.26°7.26° while barefoot. Predict Jan's range of ankle motion while wearing medical shoes, ?̂ . Round your answer to two decimal places. ?̂ = Suppose Jan's…
In linear regression analysis, the coefficient for the x-variable when the y-variable is regressed on the x-variable can be thought of as: Note: more than one answer may be correct Group of answer choices How much the value of the predicted y-variable will change when the x-variable changes by one unit. In the simple (two variable) linear regression model, the coefficient can be thought as the slope coefficient that measures the responsiveness of y to changes in x. The estimated coefficient will change if the sample containing x and y changes. The sample coefficient is an estimate of the population coefficient Before interpreting the coefficient for the x-variable, we should test whether the coefficient is statistically significant.
A. Develop an estimated regression equation that can be used to predict the price of the stock based on the number of shares of company's stocks sold and the volume of exchange. B. Interpret the coefficients of the estimated regression equation that you found in Part a. C. If in a given day, the number of shares of the company that were sold was 94,500 and the volume of exchange on the New York Stock Exchange was 16 million, what would you expect the price of the stock to be?

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