isplay noor space (square meters), X2 = Competitors' advertising expenditure advertised price (dollars per unit). Predictor Intercept FloorSpace CompetingAds Coefficient 1,286.84 13.87 -6.841 Price -0.1454 (a) Write the fitted regression equation. (Round your coefficient CompetingAds to 3 decimal places, coet places, and other values to 2 decimal places. Negative values should be indicated by a minus sign.) * FloorSpace + CompetingAds + * Price

isplay noor space (square meters), X2 = Competitors' advertising expenditure advertised price (dollars per unit). Predictor Intercept FloorSpace CompetingAds Coefficient 1,286.84 13.87 -6.841 Price -0.1454 (a) Write the fitted regression equation. (Round your coefficient CompetingAds to 3 decimal places, coet places, and other values to 2 decimal places. Negative values should be indicated by a minus sign.) * FloorSpace + CompetingAds + * Price

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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I was wondering specifically about part D and how to interpret my findings.
RequiredPage 92 The company uses the number of professional hours as the cost driver for office support costs. Use an algebraic equation to describe how total office support costs can be estimated. Use a spreadsheet program to perform a regression analysis. Use office support costs as the dependent variable (Y) and the professional hours as the independent variable (X). Determine the total fixed cost per office and variable cost per professional hour. Identify the R2 statistic provided by the Excel program and explain what it means. Mr. Dean plans to open a new branch office in a Dallas suburb. He expects that the monthly professional hours will be 3,000. Estimate the total office support cost for Mr. Dean. What portion of the total cost is fixed and what portion is variable? Explain how multiple regression analysis could be used to improve the accuracy of the cost estimates. *You will use excel to setup a worksheet with your data and run regression analysis.*
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Ordinal data cannot be analyzed using regression analysis. True False
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