Consider the following sample of production volumes and total cost data for a manufacturing operation. Production Volume (units) Total Cost ($) 400 4.100 450 5,100 550 5,400 600 6,000 700 6.500 750 7.000 This data was used to develop an estimated regression equation, - 1,405.33 + 7.44x, relating production volume and cost for a particular manufacturing operation. Use a - 0.05 to test whether the production volume is significantly related to the total cost. (Use the F test.) State the null and alternative hypotheses. O Hại 8, 20 O Hại e -0 O Mei -0 O Hei 0 Set up the ANOVA table. (Round your p-value to three decimal places and all other values to two decimal places.) Source of Variation Sum of Squares Degrees of Freedom Mean Square F p-value Regression Error Total

Consider the following sample of production volumes and total cost data for a manufacturing operation. Production Volume (units) Total Cost ($) 400 4.100 450 5,100 550 5,400 600 6,000 700 6.500 750 7.000 This data was used to develop an estimated regression equation, - 1,405.33 + 7.44x, relating production volume and cost for a particular manufacturing operation. Use a - 0.05 to test whether the production volume is significantly related to the total cost. (Use the F test.) State the null and alternative hypotheses. O Hại 8, 20 O Hại e -0 O Mei -0 O Hei 0 Set up the ANOVA table. (Round your p-value to three decimal places and all other values to two decimal places.) Source of Variation Sum of Squares Degrees of Freedom Mean Square F p-value Regression Error Total

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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2. Following data is amount of Assessed Value for an office building for a given floor area, number of office space, number of entrances, and the age of the offic building. Use excel to …. Obtain a Scatter plot of Floor Area as the independent and Assessed value as the dependent variable. Note the linear regression Model Predict the assessed value for 6000 sq ft. FloorArea (Sq.Ft.) Offices Entrances Age AssessedValue ($'000) 4790 4 2 8 1796 4720 3 2 12 1544 5940 4 2 2 2094 5720 4 2 34 1968 3660 3 2 38 1567 5000 4 2 31 1878 2990 2 1 19 949 2610 2 1 48 910 5650 4 2 42 1774 3570 2 1 4 1187 2930 3 2 15 1113 1280 2 1 31 671 4880 3 2 42 1678 1620 1 2 35 710 1820 2 1 17 678 4530 2 2 5 1585 2570 2 1 13 842 4690 2 2 45 1539 1280 1 1 45 433…
Use the Financial database from “Excel Databases.xls” on Blackboard. Use Total Revenues, Total Assets, Return on Equity, Earnings Per Share, Average Yield, and Dividends Per Share to predict the average P/E ratio for a company. Use Excel to develop the multiple linear regression model. Assume a 5% level of significance. Which independent variable is the strongest predictor of the average P/E ratio of a company? A. Total Revenues B. Average Yield C. Earnings Per Share D.Return on Equity E. Total Assets F.Dividends Per Share Company Type Total Revenues Total Assets Return on Equity Earnings per Share Average Yield Dividends per Share Average P/E Ratio AFLAC 6 7251 29454 17.1 2.08 0.9 0.22 11.5 Albertson's 4 14690 5219 21.4 2.08 1.6 0.63 19 Allstate 6 20106 80918 20.1 3.56 1 0.36 10.6 Amerada Hess 7 8340 7935 0.2 0.08 1.1 0.6 698.3 American General 6 3362 80620 7.1 2.19 3 1.4 21.2 American Stores 4 19139 8536 12.2 1.01 1.4 0.34 23.5 Amoco 7 36287…
Listed below are foot lengths (mm) and heights (mm) of males. Find the regression equation, letting foot length be the predictor (x) variable. Find the best predicted height of a male with a foot length of 273.3 mm. How does the result compare to the actual height of 1776 mm? Foot Length 281.9 278.3 253.2 258.7 278.7 257.8 274.2 262.2 Height 1784.8 1771.0 1675.6 1645.9 1858.7 1710.1 1789.2 1737.4 the regression equation is y=enter your response here+enter your response herex. (Round the y-intercept to the nearest integer as needed. Round the slope to two decimal places as needed.) The best predicted height of a male with a foot length of 273.3 mm is enter your response here mm. (Round to the nearest integer as needed.)
Personal wealth tends to increase with age as older individuals have had more opportunitiesto earn and invest than younger individuals. The following data were obtained from a randomsample of eight individuals and records their total wealth (Y) and their current age (X). See attachment for table with figures State the estimated regression line and interpret the slope coefficient.b. What is the estimated total personal wealth when a person is 50 years old?c. What is the value of the coefficient of determination? Interpret it.d. Test whether there is a significant relationship between wealth and age at the 10%significance level. Perform the test using the following six steps.Step 1. Statement of the hypotheses Step 2. Standardised test statistic Step 3. Level of significance Step 4. Decision Rule
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 following data represent the number of flash drives sold per day at a localcomputer shop and their prices.Price Units Sold34 336 432 635 530 938 240 1a. Develop the estimated regression equation that could be used to predict thequantity sold given the price. Interpret the slope.b. Did the estimated regression equation provide a good fit? Explain.c. Compute the sample correlation coefficient between the price and the number offlash drives sold. Use a= 0.01 to test the relationship between price and units sold.d. How many units can be sold per day if the price of flash drive is set to $28.
Listed below are foot lengths (mm) and heights (mm) of males. Find the regression equation, letting foot length be the predictor (x) variable. Find the best predicted height of a male with a foot length of 272.7 mm. How does the result compare to the actual height of 1776 mm? Foot Length 282.3 277.8 252.8 258.7 279.0 258.4 274.1 261.7 Height 1785.0 1771.0 1675.7 1645.7 1859.3 1710.2 1789.2 1737.0 The regression equation is ŷ = + (x. (Round the y-intercept to the nearest integer as needed. Round the slope to two decimal places as needed.) The best predicted height of a male with a foot length of 272.7 mm is (Round to the nearest integer as needed.) How does the result compare to the actual height of 1776 mm? O A. The result is close to the actual height of 1776 mm. O B. The result is exactly the same as the actual height of 1776 mm. O C. The result is very different from the actual height of 1776 mm. O D. The result does not make sense given the context of the data. C mm.
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The accompanying table shows a portion of data that refers to the property taxes owed by a homeowner (in $) and the size of the home (in square feet) in an affluent suburb 30 miles outside New York City. Click here for the Excel Data File Taxes Size 21,987 2,403 17,353 2,451 29,238 2,866 a. Estimate the sample regression equation that enables us to predict property Taxes on the basis of the size of the home. (Round your answers to 2 decimal places.) Taxes = + Size. b. Interpret the slope coefficient. O As Property Taxes increase by 1 dollar, the size of the house increases by 6.71 ft. O As Size increases by 1 square foot, the property taxes are predicted to increase by $6.71. c. Predict the property Taxes for a 1,400-square-foot home. (Round coefficient estimates to at least 4 decimal places and final answer to 2 decimal places.) Taxes
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