STAT TECH IN BUSINESS & ECON LL\AC
18th Edition
ISBN: 9781264720545
Author: Lind
Publisher: MCG
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Chapter 13, Problem 50CE
Mr. William Profit is studying companies going public for the first time. He is particularly interested in the relationship between the size of the offering and the price per share. A sample of 15 companies that recently went public revealed the following information.
- a. Determine the regression equation.
- b. Conduct a test to determine whether the slope of the regression line is positive.
- c. Determine the coefficient of determination. Do you think Mr. Profit should be satisfied with using the size of the offering as the independent variable?
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1. Find the mean of the x-values (x-bar)
and the mean of the y-values (y-bar) and write/label each here:
2. Label the second row in the table using proper notation; then, complete the table. In the fifth and sixth
columns, show the 'products' of what you're multiplying, as well as the answers.
X
y
x minus x-bar y minus y-bar (x minus x-bar)(y minus y-bar)
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3. Write the sums that represents Sxx and Sxy in the table, at the bottom of their respective columns.
4. Find the slope of the Regression line: bi
=
(simplify your answer)
5. Find the y-intercept of the Regression line, and then write the equation of the Regression line.
Show your work. Then, BOX your final answer. Express your line as "y-hat equals...
Apply STATA commands & submit the output for each question only when
indicated below
i.
Generate the log of birthweight and family income of children. Name
these new variables Ibwght & Ifaminc. Include the output of this
code.
ii. Apply the command sum with the detail option to the variable
faminc. Note: you should find the 25th percentile value, the 50th
percentile and the 75th percentile value of faminc from the output -
you will need it to answer the next question Include the output of this
code.
iii.
iv.
Use the output from part ii of this question to Generate a variable
called "high_faminc" that takes a value 1 if faminc is less than or
equal to the 25th percentile, it takes the value 2 if faminc is greater
than 25th percentile but less than or equal to the 50th percentile, it
takes the value 3 if faminc is greater than 50th percentile but less than
or equal to the 75th percentile, it takes the value 4 if faminc is greater
than the 75th percentile. Include the outcome of this code…
solve this on paper
Chapter 13 Solutions
STAT TECH IN BUSINESS & ECON LL\AC
Ch. 13 - Prob. 1SRCh. 13 - Prob. 1ECh. 13 - Prob. 2ECh. 13 - Bi-lo Appliance Super-Store has outlets in several...Ch. 13 - Prob. 4ECh. 13 - Prob. 5ECh. 13 - The owner of Maumee Ford-Volvo wants to study the...Ch. 13 - Prob. 2SRCh. 13 - Prob. 7ECh. 13 - Prob. 8E
Ch. 13 - Prob. 9ECh. 13 - Prob. 10ECh. 13 - Prob. 11ECh. 13 - Prob. 12ECh. 13 - Prob. 3SRCh. 13 - Prob. 13ECh. 13 - Prob. 14ECh. 13 - Prob. 15ECh. 13 - Prob. 16ECh. 13 - Prob. 17ECh. 13 - Prob. 18ECh. 13 - Prob. 19ECh. 13 - Prob. 20ECh. 13 - Prob. 4SRCh. 13 - Prob. 21ECh. 13 - Prob. 22ECh. 13 - Prob. 23ECh. 13 - Prob. 24ECh. 13 - Prob. 5SRCh. 13 - Prob. 25ECh. 13 - Prob. 26ECh. 13 - Prob. 27ECh. 13 - Prob. 28ECh. 13 - Prob. 29ECh. 13 - Prob. 30ECh. 13 - Prob. 6SRCh. 13 - Prob. 31ECh. 13 - Prob. 32ECh. 13 - Prob. 33ECh. 13 - Refer to Exercise 16. a. Determine the .95...Ch. 13 - Prob. 35ECh. 13 - A regional commuter airline selected a random...Ch. 13 - Prob. 38CECh. 13 - Prob. 39CECh. 13 - Prob. 40CECh. 13 - Prob. 41CECh. 13 - Prob. 42CECh. 13 - Prob. 43CECh. 13 - Prob. 44CECh. 13 - The manufacturer of Cardio Glide exercise...Ch. 13 - Prob. 46CECh. 13 - Prob. 47CECh. 13 - Prob. 48CECh. 13 - Prob. 49CECh. 13 - Mr. William Profit is studying companies going...Ch. 13 - Prob. 51CECh. 13 - Prob. 54CECh. 13 - A regression analysis relating the current market...Ch. 13 - Prob. 56CECh. 13 - Prob. 57CECh. 13 - Prob. 58CECh. 13 - Prob. 59CECh. 13 - Prob. 60CECh. 13 - TravelAir.com samples domestic airline flights to...Ch. 13 - The North Valley Real Estate data reports...Ch. 13 - Prob. 64DA
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