Fit a straight line trend by the method of least squares for the following consumer priceindex numbers of the industrial workers.Year20102011201220132014Index number166177198221225

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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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Consider the set of points (0,9),(1,5),(6,3) and (9,2). In this set of points, the age of a dolphin is the first part of each ordered pair and the second part is the number of tricks that the dolphin learned in a month. So, the 6 year-old dolphin learned 3 tricks in the month. Write the least squares regression line for this data. Use the line to estimate how many tricks a 4 year-old dolphin could learn. Then find r and r2. Explain what r2 means.
Explain what are the least-squares line and Regression?
The foreign automobile dealer sells English, French, German, Japanese and Korean automobiels. Th enumber of such automobiles sold in a month follow; Country English French German Japanese Korean Number 3. 12 20 10 In words describe what descriptive method would you use to display the data to an audience? Comment on your choice. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
A world wide fast food chain decided to carry out an experiment to assess the influence of income on number of visits to their restaurants or vice versa. A sample of households was asked about the number of times they visit a fast food restaurant (X) during last month as well as their monthly income (Y). The data presented in the following table are the sums and sum of squares. (use 2 digits after decimal point) ∑ Y = 393 ∑ Y2 = 21027 ∑ ( Y-Ybar )2 = SSY = 1720.88 ∑ X = 324 ∑ X2 = 14272 ∑ ( X-Xbar )2 = SSX = 1150 nx=8 ny=11 ∑ [ ( X-Xbar )( Y-Ybar) ] =SSXY=1090.5 PART A Sample mean income is Answer Sample standard deviation of income is Answer 90% confidence interval for the population mean income (hint: assume that income distributed normally with mean μ and variance σ2) is [Answer±Answer*Answer] 90% confidence interval for the population variance of income (hint: assume that income distributed normally with mean μ and variance σ2) is…
58. Fit a straight line trend by least squares method and tabulate the trend Pvalues from the following figures of production of a cement factory : Year Production ('000 tonnes) : 2008 77 2009 88 2010 94 2011 2013 2012 91 2014 90 85 98
Define the concept of Weighted Least Squares?
Describe in your own words what it means to perform a linear least squares analysis. Provide an example to substantiate your claims
Compute 3-yearly moving averages of the following data assuming the length Of business cycle as 3 year period and plot the trend va year Annual sales in $ '000 1990 40 1991 42 1590 46 1993 44 1994 49 1995 46 1996 42 1997 44 1998 50
Explain the concept and use of the method of Least Squares
A researcher is studying the intensity of hurricanes that entered the Gulf of Mexico between 1975-2015 and the average water temperature of the Gulf of Mexico at the hurricane's peak strength. What is the independent and dependent variable in this study?
Using the guide of the textbook and your RQ, determine the equation of the least-square line for the following data: 1 6 3. Select the correct answer in the slope-intercept form. O y=-x+10.5 O y=-2x+11 O y=x O y=x+10 O x+y=11
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Fit a straight line trend by the method of least squares for the following consumer price index numbers of the industrial workers. Year 2010 2011 2012 2013 2014 Index number 166 177 198 221 225