TABLE 16-8 The president of a chain of department stores believes that her stores' total sales have been showing a linear trend since 1980. She uses Microsoft Excel to obtain the partial output below. The dependent variable is sales (in millions of dollars), while the independent variable is coded years, where 1980 is coded as 0, 1981 is coded as 1, etc. Summary Output Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations Intercept Coded Year O 31.2 35.1 O 35.88 0.604 O.365 0.365 0.316 Coefficients 31.2 Referring to Table 16-8, the fitted trend value (in millions of dollars) for 1985 is 0.78 4.800 17
TABLE 16-8 The president of a chain of department stores believes that her stores' total sales have been showing a linear trend since 1980. She uses Microsoft Excel to obtain the partial output below. The dependent variable is sales (in millions of dollars), while the independent variable is coded years, where 1980 is coded as 0, 1981 is coded as 1, etc. Summary Output Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations Intercept Coded Year O 31.2 35.1 O 35.88 0.604 O.365 0.365 0.316 Coefficients 31.2 Referring to Table 16-8, the fitted trend value (in millions of dollars) for 1985 is 0.78 4.800 17
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter9: Solving Quadratic Functions
Section: Chapter Questions
Problem 4CA
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Question
![TABLE 16-8 The president of a chain of department stores believes that her stores' total sales have been showing a linear trend since 1980.
She uses Microsoft Excel to obtain the partial output below. The dependent variable is sales (in millions of dollars), while the independent
variable is coded years, where 1980 is coded as 0, 1981 is coded as 1, etc.
Summary Output
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
Intercept
Coded Year
31.2
35.1
35.88
O .365
0.604
0.365
Coefficients
31.2
0.316
Referring to Table 16-8, the fitted trend value (in millions of dollars) for 1985 is
0.78
4.800
17](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe9045e4c-214a-4ed5-8350-6a40e5f22583%2F8d177cd4-166a-481d-8feb-51bfaa9bbc52%2Fa6v3bnr_processed.png&w=3840&q=75)
Transcribed Image Text:TABLE 16-8 The president of a chain of department stores believes that her stores' total sales have been showing a linear trend since 1980.
She uses Microsoft Excel to obtain the partial output below. The dependent variable is sales (in millions of dollars), while the independent
variable is coded years, where 1980 is coded as 0, 1981 is coded as 1, etc.
Summary Output
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
Intercept
Coded Year
31.2
35.1
35.88
O .365
0.604
0.365
Coefficients
31.2
0.316
Referring to Table 16-8, the fitted trend value (in millions of dollars) for 1985 is
0.78
4.800
17
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