You currently work at a company producing Enormous Copper Bags. Your manager sent you the following table and requested you perform a regression to share your interpreted results on the impact from Brussels Sprouts sales. How do you reply?
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- answer 6Hello tutor, please help me to understand this 2 part MCQ question. Thank you. Part A) Based on Image 1, A researcher examined the relationship between weight (y axis) and height (x axis) among 475 male subjects. He graphed the relationship in the scatter diagram below. Weight is measured in pounds, and height in inches. The equation of the regression line is y = 3.86*x – 110.42. Is it reasonable to presume that if a male is 107 inches tall, his weight will be 302.6 pounds? a) Yesb) No Part B) Based on Image 2, A researcher examined the relationship between Variables X and Y among 150 male subjects, and he graphed a scatter plot as seen below. The correlation coefficient for all the 150 data points is about 0.5. Let K be the correlation coefficient for the data points with X values lying between 130 to 150. Which of the following statements is correct?a) K is less than 0.50.b) K is more than 0.50.c) None of the other options.Suppose a researcher collects data on houses that have been sold in a particular neighbourhood over the past year, and obtains the regressions results in the table shown below. A family purchases a 2000 square foot home and plans to make extensions totalling 500 square feet. The house currently has a pool, and a real estate agent has reported that the house is in excellent condition. However, the house does not have a view, and this will not change as a result of the extensions. According to the results in column (1), what is the expected DOLLAR increase in the price of the home due to the planned extensions?
- A retail company wants to understand the factors that impact its sales revenue. The company has collected data on the following variables for the past 5 months: Total sales revenue (Y), Average store foot traffic (XI), and Marketing budget (X3). Develop a multiple linear regression model to predict that, what is the impact of average store foot traffic, and marketing budget on total sales revenue for the retail company. The data is summarized in Table 4. Table 4 Average Store foot traffic (X1) Sales Revenue (Y) 50$ 5 130S 45$ 48$ 7 6 120$ 200$ 60$ 708 5 4 Marketing Budget (X2) 130$ 250$ Note: Average Store foot traffic is the average number of people enter in the store per minuteYou have gathered data from a random sample of fast-food sandwiches in order to better understand how the amount of fat in these sandwiches relates to the amount of carbohydrates in the sandwiches. Your ultimate goal is to construct a regression equation to predict amount of carbohydrates based on amount of fat. If this is your goal, which variable should you put on the vertical axis (or y-axis) of a scatterplot of this data? O When conducting a regression analysis, it makes no difference which variable is on which axis. O Amount of fat, because it is the explanatory variable. O Amount of carbohydrates, because it is the explanatory variable. Amount of carbohydrates, because it is the response variable. O Amount of fat, because it is the response variable.Suppose the following data were collected from a sample of 1515 CEOs relating annual salary to years of experience and the economic sector their company belongs to. Use statistical software to find the following regression equation: SALARYi=b0+b1EXPERIENCEi+b2SERVICEi+b3INDUSTRIALi+eiSALARY�=�0+�1EXPERIENCE�+�2SERVICE�+�3INDUSTRIAL�+��. Is there enough evidence to support the claim that on average, CEOs in the service sector have lower salaries than CEOs in the financial sector at the 0.010.01 level of significance? If yes, write the regression equation in the spaces provided with answers rounded to two decimal places. Else, select "There is not enough evidence." Copy Data CEO Salaries Salary Experience Service (1 if service sector, 0 otherwise) Industrial (1 if industrial sector, 0 otherwise) Financial (1 if financial sector, 0 otherwise) 144225144225 1010 11 00 00 187765187765 2020 00 00 11 142500142500 66 11 00 00 169650169650 2828 11 00 00 167250167250 3131 00…
- We conduct a regression of size on hhinc, owner, hhsize1, hhsize2, and hhsize3. Wedo not include the constant. The regression output is reported in Table 3. Would youconclude that the home size increases with the household size? Interpret the signand magnitude of the estimated coefficients of hhsize1, hhsize2, and hhsize3I just need help on on parts H, i and J. The regression line for part G is on the first page. Thank you.A Moving to another questiof! Question 27 ry .dock Provide an appropriate response. In order for applicants to work for the foreign-service department, they must take a test in the language of the country where they plan to work. The data below shows the relationship between the number of years that applicants have studied a particular language and the grades they received on the proficiency exam. Find the equation of the regression line for the given data. DOCK tigation n.Lab Number of years, x Grades on test, y O - 6.910x- 46.261 reen Shot --05...3.58 PM O = 46.261x + 6.910 O = 46.261x -6.910 O - 6,910x + 46.261 Sterling's Daily Food Log.pdt W A Moving to another question will save this response. arling's lntakeS Question 27 of 28 > Goals Ans and Outs of Energy (1).docx Screen Shot 22-059.03 AM Screen 2022-05 AM Screen Shot x 2022-05.9.31 AM 2022-05.0.09 Screen Sho
- This is my question! All parts please.3. Wine Participant magazine has collected average price per bottle for the prestigious Chateau Le Thundebird bordeaux for different vintages (years). The data appears in the table below. year of bottling price a) draw the scatter diagram showing how wine price varies by vintage year b) use the most appropriate regression equation to determine the relationship between year of bottling (age) and price. c) what is the explanatory power (RSQ) of that equation d) determine the predicted price of a bottle of this wine for the 2017 vintage. 2009 36 2010 40 2011 51 2012 60 2013 68 2014 72 2015 70 2016 65 2018 51 2019 44 2020 39