Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during the previous month. Gershon has collected the data shown in the following table:Maroon 5 TV AppearancesDemand for Guitars7 8 77This exercise contains only parts b, c, and d.b) Using the least-squares regression method, the equation for forecasting (round your responses to four decimal places):c) The estimate for guitar sales if Maroon 5 performed on TV 9 times= sales (round your response to two decimal places).d) The correlation coefficient (r) for this model= (round your response to four decimal places).The coefficient of determination (2) for this model = (round your response four decimal places).The percentage of variation sales that can be explained by TV appearances =% (round your response to two decimal places).Y=+Ox45687 6 10

Maroon 5 TV appearances(x)Demand for Guitars(y)4256877681077

Answered: Mark Gershon, owner of a musical…

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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You are a manager at a restaurant and you want to see if there is a relationship between the number of hours your employees work and the number of sales they made. You collect the following data: Employees Hours Worked Sales Made (Y) X2 Laura 6 100 Sarah 8 120 Tim 10 140 Jimmy 12 160 Carter 14 180 Totals determine the correlation coefficient and determine if a statistically significant relationship exists between the two variables. If there is, then they must also supply the linear regression model.
Is It Getting Harder to Win a Hot Dog Eating Contest?Every Fourth of July, Nathan’s Famous in New York City holds a hot dog eating contest. The table below shows the winning number of hot dogs and buns eaten every year from 2002 to 2015, and the data are also available in HotDogs. The figure below shows the scatterplot with the regression line. Year Hot Dogs 2015 62 2014 61 2013 69 2012 68 2011 62 2010 54 2009 68 2008 59 2007 66 2006 54 2005 49 2004 54 2003 45 2002 50 Winning number of hot dogs in the hot dog eating contest Winning number of hot dogs and buns Click here for the dataset associated with this question. (a) Is the trend in the data mostly positive or negative? Positive Negative (b) Using the figure provided, is the residual larger in 2007 or 2008?Choose the answer from the menu in accordance to item (b) of the question statement 20072008 Is the residual positive or…
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The following gives the number of accidents that occurred on Florida State Highway 101 during the last 4 months: N Video Get more help - # 3 Using the least-squares regression method, the trend equation for forecasting is (round your responses to two decimal places): ŷ=0+0x 30 A E D $ 4 R F % 5 T Month Jan Number of Accidents 25 G MacBook Air Y H U Feb 48 8 Mar 64 1 9 Apr 90 K O Clear all P
Section 10.2 Question #11 The data show the number of viewers for television stars with certain salaries. Find the regression equation, letting salary be the independent (x) variable. Find the best predicted number of viewers for a television star with a salary of $11million. Is the result close to the actual number of viewers, 3.3 million? Use a significance level of 0.05. Salary (millions of $) 108 15 2 15 3 8 4 14 Viewers (millions) 9.1 9.3 10.9 1.3 4.8 4.8 3.2 1.8 View the critical values of the Pearson correlation coefficient r. Critical values of the pearson correlation coefficient r n α=0.05 α=0.01 NOTE: To test H0: ρ=0 against H1: ρ≠0,reject H0if the absolute value of r is greater than the critical value in the table. 4 0.950 0.990 5 0.878 0.959 6 0.811 0.917 7 0.754 0.875 8 0.707 0.834 9 0.666 0.798 10 0.632 0.765 11 0.602 0.735…
Café Michigan's manager, Gary Stark, suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations, Gary has gathered the following data, which show the numbers of these coffees sold over six different price values: Price $2.70 $3.40 $1.90 $4.10 $3.00 $4.00 Using simple linear regression, and given that the price per cup is $1.80, the forecasted demand for mocha latte coffees will be cups (enter your response rounded to one decimal place). Number Sold 765 510 980 245 320 480
50
Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during the previous month. Gershon has collected the data shown in the following table: Maroon 5 TV Appearances Demand for Guitars 3 4 5 8 6 5 9 6 8 8 6 9 This exercise contains only parts b, c, and d. b) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal places): Y=0+0x

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