Using linear regression, the number of patients Dr. Fok will see in year 11 = 65.94 patients (round your response to two decimal places). Using linear regression, the number of patients Dr. Fok will see in year 12 = patients (round your response to two decimal places).
Using linear regression, the number of patients Dr. Fok will see in year 11 = 65.94 patients (round your response to two decimal places). Using linear regression, the number of patients Dr. Fok will see in year 12 = patients (round your response to two decimal places).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:Dr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic (i.e., afraid to leave their homes). The following table indicates how many patients Dr. Fok has seen each year for the past 10
years. It also indicates what the robbery rate was in New Orleans during the same year:
Year
Number of Patients
Robbery Rate per
1,000 Population
The simple linear regression equation that shows the best relationship between the number of patients and year is (round your responses to three decimal places):
y = 29.867 + 3.279 x
lculator Ask my instructor
2
1
36 33
57.8 61.4
200
3
4
6
7
8
9
40
55
60
54
59
40
73.4 75.7 81.5 88.6 99.6 95.4 104.1
where y Dependent Variable and x = Independent Variable.
Using linear regression, the number of patients Dr. Fok will see in year 11 = 65.94 patients (round your response to two decimal places).
Using linear regression, the number of patients Dr. Fok will see in year 12 = patients (round your response to two decimal places).
5
42
17
DII
F8
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10
60
115.6
F30
Clear all
40
FI
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Expert Solution
Step 1 Introduction:-
Forecasting is one of the techniques to know some future figures on the basis of past data. This technique is used in all kinds of departments and industries. Some of the areas where this is commonly used are allocating the budget, future expenses, sales and demand in the upcoming period, etc. Forecasting can be done either manually or by using some software.
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