Here are annual revenue data in billions of dollars for the 10-year period 2008-2017 for two well-known retailers:Amazon: 19.1; 24.5; 32.4; 48.1; 61.1; 74.5; 89.0; 107.9; 136.0; 177.9.Walmart: 402.2; 406.1; 420.0; 445.0; 467.2; 474.5; 483.5; 480.0; 482.2; 496.8.For each company, use linear extrapolation in Excel to forecast revenue in the year 2021. (Hint: Use either theTrendline option or the Regression tool.)Using the regression tool in Excel (with a constant term), in 2021, Amazon's stock price is forecasted to be $and Walmart's is forecasted to be $ (Enter your responses rounded to two decimal places.)

A regression is a technique in statistics that relates a dependent and independent variable. In this…

Answered: Here are annual revenue data in…

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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Opinions are split about a coffee company's pumpkin-flavored coffee (PFC). Yet every year over the last five years the consumption of pumpkin-flavored goods has increased. If we look at the numbers, it also becomes clear why a leading coffee company keeps offering the PFC earlier and earlier every year. According to a magazine, the amount spent by PFC buyers at the coffee company is about 17% higher than non-PFC buyers. The accompanying table shows a random sample of eight consumers, the amount they spend per week, and the number of PFCs purchased per week. PFC Spending 2 13.88 7 39.11 4 19.79 1 9.84 3 15.43 1 21.52 5 37.39 3 13.85 Calculate the slope and y-intercept for the regression formula. The slope is b1=4.465 The y-intercept is b0=6.840 Provide an interpretation for the value of the slope. Because the slope is positive, it can be…
Morning House is a mail-order firm which carries a wide range of rather expensive art objects for homes and offices. It operate problems would be greatly reduced. Since it takes approximately six weeks to receive 90% of the response to a given campaign, an accurate prediction of total sales made as late as the end of the first week of receiving orders would be useful. The first week’s sales and total sales of the last 12 campaigns of the firm are shown below. Can the first week’s sales be used to predict total sales? First week’s Total Campaign Sales Sales 1 32 167 2 20 91 3 114 560 4 66 335 5 18 70 6 125 650 7 83 401 8 65 320 9 94 470 10 5 15 11 39 210 12 50 265 --------------------------------------------
Explain what is meant by multicollinearity.
Burkina Faso, a landlocked country in West Africa, has the lowest adult literacy rate in the world (25.3%). Over the past 15 years, the government has focused heavily on improving access to education across the country. Between 2008 and 2015, the primary school completion rate rose from 40% to 60%, and the high school completion rate doubled over the same period from 15% to 30%. Despite these encouraging statistics, children in rural areas, especially girls, continue to have limited access to quality education. You put together a survey to collect information on the following variables and you are ready to analyze: Gender Age at last birthday Distance from school Level of education (Primary, Secondary, Post-Secondary) Discuss what measure of central tendency is the most appropriate for each variable making sure to explain why.
You may need to use the appropriate appendix table to answer this question. Alexa is the popular virtual assistant developed by Amazon. Alexa interacts with users using artificial intelligence and voice recognition. It can be used to perform daily tasks such as making to-do lists, reporting the news and weather, and interacting with other smart devices in the home. In 2018, the Amazon Alexa app was downloaded some 2,800 times per day from the Google Play store.† Assume that the number of downloads per day of the Amazon Alexa app is normally distributed with a mean of 2,800 and standard deviation of 860. (a) What is the probability there are 1,900 or fewer downloads of Amazon Alexa in a day? (Round your answer to four decimal places.) (b) What is the probability there are between 1,600 and 2,400 downloads of Amazon Alexa in a day? (Round your answer to four decimal places.) (c) What is the probability there are more than 2,900 downloads of Amazon Alexa in a day? (Round…
The January 2010 National Health Expenditures report stated that overall health care spending in the United States rose from $7,421 per person in 2007 to $7,681 per person in 2008. Calculate the percentage change in health care spending per person from 2007 to 2008.
Official unemployment rates for the U.S. population are reportedon a monthly basis by the Bureau of Labor Statistics.For the period October, 2011, through January, 2012, theofficial unemployment rates were 8.9% (Oct.), 8.7% (Nov.),8.5% (Dec.), and 8.3% (Jan.). (Source: U.S. Bureau of LaborStatistics, www.bls.gov.) If the unemployment rateswere to continue to decrease following a linear model,(a) predict the unemployment rate on January, 2013.(b) predict when the United States would reach a zero unemploymentrate.
Opinions are split about a coffee company's pumpkin-flavored coffee (PFC). Yet every year over the last five years the consumption of pumpkin-flavored goods has increased. If we look at the numbers, it also becomes clear why a leading coffee company keeps offering the PFC earlier and earlier every year. According to a magazine, the amount spent by PFC buyers at the coffee company is about 17% higher than non-PFC buyers. The accompanying table shows a random sample of eight consumers, the amount they spend per week, and the number of PFCs purchased per week. PFC Spending 2 13.88 7 39.11 4 19.79 1 9.84 3 15.43 1 21.52 5 37.39 3 13.85 Calculate the slope and y-intercept for the regression formula. The slope is b1=(Round to three decimal places as needed.)
Use the given conditions to write an equation for the line in point-slope form and in slope-intercept form. x-intercept = 315 == 15 and y-intercept = 1 Type the point-slope form of the equation of the line. 7 (Use integers or simplified fractions for any numbers in the equation.)
. In 2010, of a total of 67,000 rooms on the Las Vegas Strip, Caesars Entertainment managed 22,880, while MGM Resorts managed over 12,000. However, owing to the Great Recession and new hotel openings, between 2008 and 2010, MGM's hotel occupancy decreased from 92% to 89%, while its average daily room rate fell from $148 to $108. Meanwhile, CityCenter, managed by MGM Resorts, and the Cosmopolitan opened with 4,000 and 3,000 rooms respectively, and the 1,720-room Sahara closed. (Sources: Caesars Entertainment Corp., Annual Report 2010; MGM Resorts, Annual Report 2010; "Sahara's closure on May 16 will mark `the end of an era'," Las Vegas Sun, March 11, 2011.) (a) Using a suitable figure, explain how the opening of CityCenter and the Cosmopolitan affects the residual demand for an existing hotel and how it should adjust prices. (b) If MGM Resorts had not reduced its room rates, what would have been the effect on occupancy? (c) Use the Cournot model to explain…
Opinions are split about a coffee company's pumpkin-flavored coffee (PFC). Yet every year over the last five years the consumption of pumpkin-flavored goods has increased. If we look at the numbers, it also becomes clear why a leading coffee company keeps offering the PFC earlier and earlier every year. According to a magazine, the amount spent by PFC buyers at the coffee company is about 17% higher than non-PFC buyers. The accompanying table shows a random sample of eight consumers, the amount they spend per week, and the number of PFCs purchased per week. PFC Spending 2 13.88 7 39.11 4 19.79 1 9.84 3 15.43 1 21.52 5 37.39 3 13.85 The slope is b1=4.465 The y-intercept is b0=6.840 Because the slope is positive, it can be concluded that one extra PFC purchase per week will increase the average amount of spending per week by 4.46 dollars. Predict…
The shortage of organs for transplant is a continuing problem. At the end of 2000, there were 3536 people waiting for a heart transplant, 3355 for a lung transplant, 16,012 for a liver transplant, and 46,824 for a kidney transplant. Corresponding figures for 2003 were 3292, 3543, 16,985, and 56,590, respectively. In 2006, the figures were 2625, 2691, 16,882, and 68,412, respectively. Express the information as a matrix, labeling rows and columns. Fill in the matrix below. Heart Liver 3536 46,824 3543 56,590 2006 2625 16,882

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