The revenues (in Smillions) of a chain of ice cream stores are listed for each quarter during the previous 5 years.YearQuarter2016 201720182019202011416152019223252927283292942222304247545425292630Use regression analysis to determine the trend line. (Use t = 1, 2,..., 24. Round your answers to four decimal places.)j ==+

Answered: The revenues (in Smillions) of a chain…

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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Use the scatterplot of Vehicle Registrations below to answer the questions Vehicle Registrations in the United States, 1925- 2011 Vehicles millions 300 y = 3.0161x - 5819.5 R? = 0.9695 250 200 150 100 50 1920 -50 1940 1960 1980 2000 2020 Year Write a sentence explaining the value of the slope for this regression line. For every increase in year, the number of vehicle registrations in the US increases by 3.0161 million. For every increase in year, the number of vehicle registrations in the US increases by 5819.5. For every increase in vehicle registrations in the US, the number of years increases by 5819.5. For every increase in vehicle registrations in the US, the number of years increases by 3.0161 million. Registrations (in millions)
find the equation of the regression line. Round to 3 decimal places.
It is inferred that the tip amount has a relationship with value of a dinner bill. The collected data is presented in the table. Conduct a regression analysis. X - Bill ($) 33.46 50.68 87.92 98.84 63.60 107.34 Y - Tip ($) 5.70 5.00 8.08 17.00 12.00 16.00
Given the data points listed below, use linear regression to find the expression y = %3D mx + b. List the slope of the best-fit line in the box below (round to one digit past the decimal point). y 2 2 3 15 5 14 8 55 |13 68 15 121
The following chart shows the actual sales for the last 12 months for a given company. Assume that sales are best fit by a linear trend and you can use single linear regression to set up a forecasting model. Using the sales data answer below questions (justify your answers): A.What would be the typical linear regression equation for the number of sales? B.Make the sales forecast for period 15 of next year. C. Make the sales forecast for period 17 of next year. D. What is the standard error for the data?
Which of the following is true of a linear regression line? a. Located as close as possible to all the points of a scatter chart. B. Is defined by an equation having 2 parameters: the slope and the intercept c. Provides an approximate relationship between the values of two parameters d. All of the above
Graph the scatterplot and find the equation of the regression line GDP. CO2 emissions (in millions metric tons) 1.7. 552.6 1.2. 462.3 2.5. 475.4 2.8. 374.3 3.6. 748.5 2.2. 400.9 0.8. 253.0 1.5. 318.6 2.4. 496.8 5.9. 1180.6
need help with following
Please help me. Thankyou.
The average top ticket price for Broadway musicals has increased dramatically between 1975 and 2003. 1985 1998 2000 2003 72.83 118.97 130.15 44.99 Year Average Ticket Price 1975 13.63 a. Using the data in the table, find the linear regression equation that best fits the data. (Let x = 0 represent the number of years since 1970.) y = (Round values to three decimal places.) b. Predict the average top ticket price for Broadway musicals in the year 2012 if the price continues to increase at the same rate. (Let x represent the number of years since 1970.) (Round to two decimal places.) c. Find the rate at which the price is rising. per year (Round to two decimal places.)

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