For 26 companies operating in several technology industries, the accompanying data gives the expenses on research and development (R&D) and the totall assets of the companies. Both values are reported in millions of dollars. Complete parts a through e below. Data Table - X
For 26 companies operating in several technology industries, the accompanying data gives the expenses on research and development (R&D) and the totall assets of the companies. Both values are reported in millions of dollars. Complete parts a through e below. Data Table - X
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
(b) Estimate the least squares linear equation for R&D Expense on Assets. Interpret the fitted intercept and slope. Be sure to include their units. Note if
either estimate represents a large extrapolation and is consequently not reliable.
Complete the equation for the fitted line below.
Estimated R&D Expense ($000,000) =.....+.....Assets ($000,000)
![不
For 26 companies operating in several technology industries, the accompanying data gives the expenses on research and development (R&D) and the total
assets of the companies. Both values are reported in millions of dollars. Complete parts a through e below.
Data Table
Assets
2,355.011
3,572.196
1,654.756
474.261
3,468.979
2,999.138
1,745.197
225.588
185.109
726.623
3,699.776
1,493.357
1,756.779
R&D Expense
260.485
395.473
157.646
50.514
348.105
265.869
185.625
28.097
23.164
71.031
318.824
146.574
162.297
Assets
7,430.847
1,039.162
1,994.345
700.184
2,840.685
3,363.898
9,089.953
117.861
617.876
416.602
1,486.371
557.516
2,611.917
R&D Expense
651.428
117.302
212.346
73.132
307.546
341.672
960.028
17.196
56.753
46.645
146.788
63.489
230.125
Full data set
Pee
RATIONS
-
MINI
X
cceptable.
ope. Be sure to include their units. Note if](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb854e95b-6f91-4ea9-9e99-ab6ba7352139%2Fe5937dc5-1a18-4c13-b2cc-7a50ce77ac1c%2Fje9td5o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:不
For 26 companies operating in several technology industries, the accompanying data gives the expenses on research and development (R&D) and the total
assets of the companies. Both values are reported in millions of dollars. Complete parts a through e below.
Data Table
Assets
2,355.011
3,572.196
1,654.756
474.261
3,468.979
2,999.138
1,745.197
225.588
185.109
726.623
3,699.776
1,493.357
1,756.779
R&D Expense
260.485
395.473
157.646
50.514
348.105
265.869
185.625
28.097
23.164
71.031
318.824
146.574
162.297
Assets
7,430.847
1,039.162
1,994.345
700.184
2,840.685
3,363.898
9,089.953
117.861
617.876
416.602
1,486.371
557.516
2,611.917
R&D Expense
651.428
117.302
212.346
73.132
307.546
341.672
960.028
17.196
56.753
46.645
146.788
63.489
230.125
Full data set
Pee
RATIONS
-
MINI
X
cceptable.
ope. Be sure to include their units. Note if
![(c) Interpret the summary values and se associated with the fitted equation. Attach units to these summary statistics as appropriate. Does the value of 2
seem fair to you as a characterization of how well the equation summarizes the association?
2=
with
Se
with
(Round to three decimal places as needed.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb854e95b-6f91-4ea9-9e99-ab6ba7352139%2Fe5937dc5-1a18-4c13-b2cc-7a50ce77ac1c%2Fsko7jwt_processed.jpeg&w=3840&q=75)
Transcribed Image Text:(c) Interpret the summary values and se associated with the fitted equation. Attach units to these summary statistics as appropriate. Does the value of 2
seem fair to you as a characterization of how well the equation summarizes the association?
2=
with
Se
with
(Round to three decimal places as needed.)
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![Elementary Statistics: Picturing the World (7th E…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
![Introduction to the Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman