The manufacturer of Beanie Baby dolls used quarterly price data for 2012/- 2020/V (t = 1, ., 36) and the regression equationPt =a + bt + c1D1t +c2D2t + C3D31to forecast doll prices in the year 2021. Pțis the quarterly price of dolls, and D1t D2, and D3tare dummy variables for quarters I, II, and III, respectively.DEPENDENT VARIABLE:PTR-SQUAREF-RATIOP-VALUE ON F76.34STANDARDOBSERVATIONS:36 0.90780.0001PARAMETERVARIABLEESTIMATEERRORT-RATIO P-VALUEINTERCEPT24.06.203.870.0005T0.80.2403.330.0022D1-8.02.60-3.080.0043D2-6.01.80-3.330.0022D3-4.00.60-6.670.0001At the 2 percent level of statistical significance, is there a statistically significant trend in the price of dolls?Multiple ChoiceYes, because 0.0022 < 0.02.No, because 0.0022 > 0.02.Yes, because 0.800 > 0.02.

It is needed to test whether there is a significant trend in the price of dolls.

Answered: The manufacturer of Beanie Baby dolls…

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 maintenance manager at a trucking company wants to build a regression model to forecast the time (in years) until the first engine overhaul based on four predictor variables: (1) annual miles driven (in 1,000s of miles), (2) average load weight (in tons), (3) average driving speed (in mph), and (4) oil change interval (in 1,000s of miles). Based on driver logs and onboard computers, data have been obtained for a sample of 25 trucks. A portion of the data is shown in the accompanying table. Time Miles Load Speed Oil 7.7 42.9 22.0 44.0 16.0 0.8 98.3 20.0 47.0 34.0 6.3 61.1 22.0 62.0 15.0 E Click here for the Excel Data File b. Estimate the regression model. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.) Time = Miles Load Speed oil + + d. What is the predicted time before the first engine overhaul for a particular truck driven 60,000 miles per year with an average load of 25 tons, an average driving speed of 53 mph, and 21,000 miles…
The Conde Nast Traveler Gold List for 2012 provided rating for the top 20 small cruise ships. The data from annual Readers’ Choice Survey are the overall scores(Y) each ship received based on several criteria, including Itineraries/Schedule (X1), Shore Excursions(X2), and Food/Dinning(X3). The estimated regression equation to predict the overall scores is Y= 35.6184+0.1105 X1+0.2445 X2+0.2474 X3. Part of the regression results is shown below. Coefficients Standard Error Intercept 35.6184 13.2308 Itineraries/Schedule(X1) 0.1105 0.1297 Shore Excursions(X2) 0.2445 0.0434 Food/Dinning(X3) 0.2474 0.0621 Use the T test to determine whether or not the coefficient of X1 is significant. Use Level of significance=.05? Be sure to state null and alternative hypotheses.…
Show the best fitted line on scatter diagram and Find the predicted value for each y using the exposure time and the equation obtained in part b (b. Find the equation of regression line between radiation doses on exposure time .usingleast square method)
when a regression is used as a method of predicting dependent variables from one or more independent variables. How are the independent variables different from each other yet related to the dependent variable?
** Based on the regression results, answer the following questions ** A sample of data is collected (from 1999 and 2000) concerning the compensation of the executives (compensation is measured in 1000’s of $’s) of a number of public companies along with other firm-specific data. The dependent variable is total compensation, CEOANN is a dummy variable =1 for an individual who is a CEO and =0 for individuals who are not CEO’s, EMPL is total employees, MKTVAL is the natural logarithm of the market value of the firm, EPSIN is earnings per share, YEAR is a dummy variable = 1 for the year 2000 and =0 for year 1999, and ASSETS is the natural logarithm of the total assets of the company. Based on the regression results, answer the following questions b) What is the estimated regression equation? c) What percentage of the variation in income in explained by the regressors? d) What is the standard error of the error term in the regression equation?
The estimated regression equation for a model involving two independent variables and 10 observations follows. y = 33.0798 + 0.6071x1 + 0.7058x2 a. Interpret b₁ and b2 in this estimated regression equation (to 4 decimals). b₁ = - Select your answer - b₂ = - Select your answer - b. Estimate y when *₁ = 180 and ₂ = 310 (to 3 decimals).
In a fisheries researchers experiment the correlation between the number of eggs in tge nest and the number of viable (surviving ) eggs for a sample of nests is r=0.67 the equation of the regression line for number of viable eggs y versus number of eggs in the nest x is y =0.72x + 17.07 for a nest with 140 eggs what is the predicted number of viable eggs ?
The following regression equation is based on the analysis of four variables: SM_DOLLARS is the dollar amount of a watershed conservation agency's weekly spending on social media ads. RADIO_ADS is the number of radio advertisements aired weekly by the agency. WS_DOLLARS is the dollar amount of the agency’s weekly spending on web search ads. The variable WEB_VISITS is the number of weekly visitors to their educational website. These data have been recorded every week for the past three years. WEB_VISITS (expected) = 208 + 1.25*SM_DOLLARS + 1.5*RADIO_ADS + 1.2*WS_DOLLARS The data meet the assumptions for regression analysis, and the regression results, including the coefficients, were found to be statistically significant. Initially, $320 was spent on social media ads, 10 radio ads were aired, and $120 spent on web search ads. How many additional weekly web visits would you predict when the agency increases its weekly spending on social media ads by $440 without changing the…

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