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Problem 2: Suppose data were collected from a sample of 10 branches of a fast food chain located near College and University campuses in Baguio. Student Population (in 1000s) 2 6 8 12 14 18 20 24 26 28 Quarterly Sales (in Php 10,000) 58 105 88 118 117 137 157 169 149 202 d. Compute the coefficient of correlation using Spearman Rank Correlation and interpret the result. f. Compute the coefficient of determination and interpret. g. What is the expected quarterly sales if a newly established branch caters 30,000 students?

Problem 2: Suppose data were collected from a sample of 10 branches of a fast food chain located near College and University campuses in Baguio. Student Population (in 1000s) 2 6 8 12 14 18 20 24 26 28 Quarterly Sales (in Php 10,000) 58 105 88 118 117 137 157 169 149 202 d. Compute the coefficient of correlation using Spearman Rank Correlation and interpret the result. f. Compute the coefficient of determination and interpret. g. What is the expected quarterly sales if a newly established branch caters 30,000 students?

MATLAB: An Introduction with Applications
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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Problem 2: Suppose data were collected from a sample of 10 branches of a fast food chain located near College and University campuses in Baguio. Student Population (in 1000s) 2 6 8 12 14 18 20 24 26 28 Quarterly Sales (in Php 10,000) 58 105 88 118 117 137 157 169 149 202 d. Compute the coefficient of correlation using Spearman Rank Correlation and interpret the result. f. Compute the coefficient of determination and interpret. g. What is the expected quarterly sales if a newly established branch caters 30,000 students?
Transcribed Image Text:Problem 2: Suppose data were collected from a sample of 10 branches of a fast food chain located near College and University campuses in Baguio. Student Population (in 1000s) 2 6 8 12 14 18 20 24 26 28 Quarterly Sales (in Php 10,000) 58 105 88 118 117 137 157 169 149 202 d. Compute the coefficient of correlation using Spearman Rank Correlation and interpret the result. f. Compute the coefficient of determination and interpret. g. What is the expected quarterly sales if a newly established branch caters 30,000 students?
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