The owner of KGB Company would like to estimate weekly gross revenue as a function of TVadvertising expenditures. Historical data for a sample of 9 weeks follow.TV Advertising (x)($ '000)Weekly Gross Revenue (y)($ '000)ANOVA5.0 2.0RegressionResidualTotal97 90(1) Using a calculator's Regression (REG) function, develop an estimated regressionequation with the amount of TV advertising as the independent variable.df178(ii) Test if the linearity between x and y is significant at the 5% level using the F test ofsignificance. State the hypotheses to be tested, the decision rule, the test statistic, andthe decision. You can use the information in the Table below:4.0 2.5 3.0 3.5 2.5 3.0 4.595 91 95 94 93 94 96SS33.34727.541740.8889MSFSignificance

The owner of ABC company would like to estimate the weekly gross revenue as a function of TV…

Answered: The owner of KGB Company would like to…

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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If the estimated intercept of the regression equation is negative, we can say the estimated correlation coefficient between the two variables is also negative. O True O False
The flow rate in a device used for air quality measurement depends on the pressure drop x (inches of water) across the device's filter. Suppose that for x values between 5 and 20, these two variables are related according to the simple linear regression model with true regression line y = -0.11 + 0.097x. (a.1) What is the true average flow rate for a pressure drop of 10 in.?(a.2) A drop of 15 in.?(b) What is the true average change in flow rate associated with a 1 inch increase in pressure drop?(c) What is the average change in flow rate when pressure drop decreases by 5 in.?
Develop a scatterplot and explore the correlation between customer age and net sales by each type of customer (regular/promotion). Use the horizontal axis for the customer age to graph. Find the linear regression line that models the data by each type of customer. Round the rate of changes (slopes) to two decimal places and interpret them in terms of the relation between the change in age and the change in net sales. What can you conclude? Hint: Rate of Change = Vertical Change / Horizontal Change = Change in y / Change in x
What is C,D and E? And how do i calculate it??
A grocery store manager did a study to look at the relationship between the amount of time (in minutes) customers spend in the store and the amount of money (in dollars) they spend. The results of the survey are shown below. Time 10 8 6 13 19 18 27 10 7 Money 58 25 41 51 84 81 87 45 15 1. The equation of the linear regression line is: ˆyy^ = ______ +_____ xx (Please show your answers to two decimal places)
The following data shows memory scores collected from adults of different ages. Age (X) Memory Score (Y) 25 10 32 10 39 9 48 9 56 7 Use the data to find the regression equation for predicting memory scores from age. The regression equation is: Ŷ = 4.33X + 0.11 Ŷ = -0.11X + 4.33 Ŷ = -0.11X + 13.26 Ŷ = -0.09X + 5.4 Ŷ = -0.09X + 12.6 Use the regression equation you found in question 6 to find the predicted memory scores for the following age: 28 For the calculations, leave two places after the decimal point and do not round: Use the regression equation you found in question 6 to find the predicted memory scores for the following age: 43 For the calculations, leave two places after the decimal point and do not round: Use the regression equation you found in question 6 to find the predicted memory scores for the following age: 50 For the calculations, leave two places after the decimal point and do not round:
B b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The scatter diagram indicates a positive linear relationship between a = average number of passing yar and y = the percentage of games won by the team. c. Develop the estimated regression equation that could be used to predict the percentage of games won given the avera passing yards per attempt. Enter negative value as negative number. WinPct =| |)(Yds/Att) (to 4 decimals) d. Provide an interpretation for the slope of the estimated regression equation (to 1 decimal). The slope of the estimated regression line is approximately So, for every increase : of one yar number of passes per attempt, the percentage of games won by the team increases by %. e. For the 2011 season, the average number of passing yards per attempt for the Kansas City Chiefs was was 5.5. Use th regression equation developed in part (c) to predict the percentage of games won by the Kansas City Chiefs.…

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