The following table gives the experience (in years) and the number of stocks sold during the previous three months by seven brokers in the Egyptian stock market. Experience ( years)4129610167Number of stocks194228313935211) Predict the number of stocks sold during the past three months by brokerwith eleven years of experience.2) Without any calculation, If independent variable is divided over 3, whatwill be the effect on the estimated coefficients. Justify your answer.

Introduction: The number of stocks sold during the past three months by a broker is being predicted…

Answered: The following table gives the…

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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The following table gives the experience (in years) and the number of stocks sold during the previous three months by seven brokers in the Egyptian stock market.

Experience ( years)	4	12	9	6	10	16	7
Number of stocks	19	42	28	31	39	35	21

1) Predict the number of stocks sold during the past three months by broker
with eleven years of experience.
2) Without any calculation, If independent variable is divided over 3, what
will be the effect on the estimated coefficients. Justify your answer.

Expert Solution