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- The following regression model was estimated. Q is the number of meals served, P is the average price per meal (customer ticket amount, in dollars), Exis the average price charged by competitors (in dollars), Ad is the local advertising budget for each outlet (in dollars), and I is the average income per household in each outlet's immediate service area. Least squares estimation of the regression equation on the basis of the 25 data observations resulted in the estimated regression coefficients and other statistics given in Table below.Q2) Convert the data in table below into information using regression approach. X 1 2 3 4 5 6 Y 6 1 9 5 17 12An engineer wants to determine how the weight of a gas-powered car, x, affects gas mileage, y. The accompanying data represent the weights of various domestic cars and their miles per gallon in the city for the most recent model year Find the least-squares regression line treating weight as the explanatory variable and miles per gallon as the response variable. y=enter your response herex+enter your response here (Round the x coefficient to five decimal places as needed. Round the constant to two decimal places as needed.)
- An automotive engineer computed a least-squares regression line for predicting the gas mileage (y) in miles per gallon of a certain vehicle from its speed (x) in miles per hour. The result is y = -0.14x+ 38.78. Predict the gas mileage when the vehicle is travelling at 55 miles per hour. Round your answer to one decimal place. Only write a number as your answer.11) find the equation of the regression line round to 3 significant digits. Productivity 25 23 27 32 45 30 Dexterity 46 40 48 51 56 50Write a multiple regression equation that can be used to analyze the data for a two-factorialdesign with two levels for factor A and three levels for factor B. Define all variables.
- Use the table below to find the regression coefficients for b_0 and b_1. Explain what b_0 and b_1 representCalculation of Regression CoefficientsBeer (X) Cigarettes (Y)8 166 132 44 9The following is data on sales volume (million units) of cars linked to the promotion cost variable (X1 in million rupiah/year) and the variable cost of adding accessories (X2 in hundreds of thousands of rupiah/unit). Determine the regression equation.!Q: The US Box Office Gross profit was recorded for the first eleven weekends after the release of a major motion picture. For the dataset posted below this question, construct a scatterplot with the weekend as the horizontal axis and US Gross (in millions of dollars) as the vertical axis. Conduct an analysis of the Residuals using the Data Analysis ToolPak Regression tool. Comment on whether the assumptions of linear regression have been met. (Please solve this in Excel) Weekend US Gross (millions $) 1 47.7 2 25 3 11.35 4 7 5 4.68 6 3.02 7 1.34 8 0.72 9 0.49 10 0.31 11 0.2
- The table below shows the amounts of crude oil (in thousands of barrels per day) produced by a country and the amounts of crude oil (in thousands of barrels per day) imported by a country, for the last seven years. Construct and interpret a 90% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,603 thousand barrels per day. The equation of the regression line is Oil produced,x Oil imported, y -1117x+ 15,844.101. 5,158 5,093 5,008 10,026 5,822 5.724 5,651 5,449 9,328 9,131 9,667 10,088 10,145 10,199 Construct and interpret a 90% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,603 thousand barrels per day Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A. There is a 90% chance that the predicted amount of oil imported is between thousand barreis, when there are…you are the Filipino analyst hired by the multinational company to study the sales data of its more than 75 stores worldwide. You used regression analysis to predict $ sales by using $ advertising (x1) and $ salary of sales representatives (x2) across all the branches. You obtained the following regression function: y = 7800 + 8.5x1-1.6x2 If the advertising budgets of one of the branches of the corporation is the same as before and the salary of sales representatives is now 20% less than before, then the predicted sales in that branch willQ2) Find the regression line for the following data, then predict the value of y when x is 5: X 0 2 4 6 8 y 2 4 3 8 10