Dr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic (e, afraid to leave their homes). The following table indicates how many patients Dr. Fokhas seeneach year for the past 10 years. It also indicates what the robbery rate was in New Orleans during the same yearYearNumber of PatientsRobbery Rate per1,000 PopulationThe simple linear regression equation that shows the best relationship between the number of patients and year is (round your responses to three decimal placeswhere y Dependent Variable and x= Independent Variable1237 3258.0 60.633973.044175.25640 5678.5 89.575885357101.1 94.2 102.291061117.2save

Forecasting is a technique used to predict future outcomes on the basis of past data. Simple linear…

Answered: Dr. Lillian Fok, a New Orleans…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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The following gives the number of accidents that occured on Florida State Highway 101 during the last 4 months: Month Jan Feb Mar Apr Number of accidents 25 48 60 105 Using the least-squares regression method, the trend equation for forecasting is (round your responses to two decimal places): ^ y [___] +[___] x
Dr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic (i.e., afraid to leave their homes). The following table indicates how many patients Dr. Fok has seen each year for the past 10 years. It also indicates what the robbery rate was in New Orleans during the same year: where y = Dependent Variable and x = Independent Variable. Using linear regression, the number of patients Dr. Fok will see in year 11 = culator Ask my instructor 80 Year Number of Patients Robbery Rate per 1,000 Population The simple linear regression equation that shows the best relationship between the number of patients and year is (round your responses to three decimal places): y= 29.867 +3.279 x 9.99 000 F4 F5 2 1 33 36 57.8 61.4 < 3 4 40 40 73.4 75.7 F6 patients (round your response to two decimal places). 20 5 6 7 8 54 42 55 60 81.5 88.6 99.6 95.4 34 F7 * F8 9 59 104.1 F9 10 60 D 115.6 F10 Clear all (1) F11 Check answer F12
The Tech power plant burns coal and natural gas to generate steam and electricity for all campus buildings. The annual coal consumption at the plant has increased annually for the past 6 years due to an aggressive campus building program. The following table shows the annual coal consumption: Year Coal Consumption (tons) 1 25000 2 23000 3 28000 4 35000 5 37000 6 42000 Develop a linear trend model to forecast coal consumption for the 7 th year. Don't answer by pen paper and don't use chatgpt otherwise we will give dounvote
The monthly sales (in units) for a refrigerator in April 2021 through September 2021 were as follows: 42, 56, 49, 41, 56, 59 What is the forecasted sales in August 2021 if you use exponential smoothing with a smoothing constant 0.31? Assume the forecast in April 2021 was 44 units. Use at least 4 decimals.
14
The following multiple regression printout can be used to predict a person's height (in inches) given his or her shoe size and gender, where gender = 1 for males and 0 for females. Regression Analysis: Height Versus Shoe Size, Gender Coefficients Term Coef Constant 55.28 SE Coef 1.04 T-Value P-Value Shoe Size 0.105 Gender 0.268 0.12 0.489 53.1 0.875 0.000 0.000 0.548 0.000 (a) The dependent variable in this regression is which of the following? height gender shoe size constant (b) What is the regression coefficient of shoe size? (c) What is the regression coefficient of gender?
Café Michigan's manager, Gary Stark, suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations, Gary has gathered the following data, which show the numbers of these coffees sold over six different price values: Price Number Sold $2.50 765 $3,40 515 $2.10 990 $4.20 240 315 $3.00 $4.10 475 Using simple linear regression and given that the price per cup is $1.80, the forecasted demand for mocha latte coffees will be 1150 cups (enter your response rounded to one decimal place).
1
Show the steps on excel to plot the graph and insert the equation on the graph
The following data are for calculator sales in units at an electronics store over the past nine weeks: Week Sales Week Sales 1 45 53 2 50 7 59 3 44 8. 59 4 51 9 64 5 57 Use trend projection with regression to forecast sales for weeks 10 - 13. What are the error measures (CFE, MSE, o, MAD, and MAPE) for this forecasting procedure? How about ? Obtain the trend projection with regression forecast for weeks 10 – 13. (Enter your responses rounded to two decimal places.) Period Forecast, F, 10 64.81 11 67.06 12 69.31 13 71.56 Obtain the error measures. (Enter your responses rounded to two decimal places.) CFE MSE MAD МАРЕ
Café Michigan's manager, Gary Stark, suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations, Gary has gathered the following data, which show the numbers of these coffees sold over six different price values: Price Number Sold $2.70 760 $3.40 515 $2.10 990 $4.10 250 $3.20 325 $4.10 475 Using simple linear regression LOADING... and given that the price per cup is $1.80, the forecasted demand for mocha latte coffees will be nothing cups (enter your response rounded to one decimal place).
Café Michigan's manager, Gary Stark, suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations, Gary has gathered the following data, which show the numbers of these coffees sold over six different price values: Price $2.60 $3.40 $2.00 $4.10 $3.20 $4.00 Number Sold 760 510 990 240 315 480 Using simple linear regression and given that the price per cup is $1.80, the forecasted demand for mocha latte coffees will be cups (enter your response rounded to one decimal place).

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