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 seeneach year for the past 10 years. It also indicates what the robbery rate was in New Orleans during the same year:YearNumber 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 places):ŷ=+xwhere y = Dependent Variable and x = Independent Variable.1235 3358.3 61.135674040546273.4 76.1 81.5 89.5 101.5442106294,2 104.1 115.6853958

The linear regression equation is of the form y=a+bx where: y= dependent variable x= independent…

Answered: Dr. Lillian Fok, a New Orleans…

Contemporary Marketing

18th Edition

ISBN:9780357033777

Author:Louis E. Boone, David L. Kurtz

Publisher:Louis E. Boone, David L. Kurtz

Chapter14: Pricing Strategies

Section14.2: Forecasting Demand

Problem 1LO

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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 seen each year for the past 10 years. It also indicates what the robbery rate was in New Orleans during the same year 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 where y Dependent Variable and x= Independent Variable 1 2 37 32 58.0 60.6 3 39 73.0 4 41 75.2 5 6 40 56 78.5 89.5 7 58 8 53 57 101.1 94.2 102.2 9 10 61 117.2 save
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10 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. Fokh each year for the past 10 years. It also indicates what the robbery rate was in New Orleans during the same year: ! 1 F1 A 1 option 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 the robbery rate is (round your responses to three decimal places): ŷ=0+0x N @ 2 W S X command A where y Number of Patients and x = Robbery Rate. In year 11, if the robbery rate increases to 133.40, using trend analysis, the number of patients Dr. Fok will see = patients (round your response to two decimal places). In year 11, if the robbery rate decreases to 90.6, using trend analysis, the number of patients Dr. Fok will see = patients (round your response to two decimal places). #3 80 F3 E D $ 4 C 888…
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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
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