Business Math (11th Edition)
11th Edition
ISBN: 9780134496436
Author: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
Publisher: PEARSON
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Chapter 15, Problem 24PT
To determine
To calculate: The current bond yield of a bond with the current bond price of
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The systolic blood pressure of individuals is thought to be related to both age and weight. Let the systolic blood pressure, age, and weight be represented by the variables x1, x2, and x3, respectively. Suppose that Minitab was used to generate the following descriptive statistics, correlations, and regression analysis for a random sample of 15 individuals.
Descriptive Statistics
Variable
N
Mean
Median
TrMean
StDev
SE Mean
x 1
15
154.14
154.34
154.14
3.842
0.992000
x 2
15
59.69
60.19
59.69
1.462
0.377487
x 3
15
205.55
204.75
205.55
4.558
1.176871
Variable
Minimum
Maximum
Q1
Q3
x 1
125
178
141.803
167.244
x 2
41
80
47.754
78.415
x 3
126
240
140.395
224.008
Correlations (Pearson)
x 1
x 2
x 2
0.892
x 3
0.839
0.567
Regression Analysis
The regression equation is
x 1 = 0.883 + 1.257x2 + 0.871x3
Predictor
Coef
StDev
T
P
Constant
0.883
0.635
1.39
0.095
x 2
1.257
0.635
1.98
0.036
x 3
0.871
0.419
2.08
0.030
S = 0.428
R-sq = 92.7 %…
According to health professionals, a person’s weight is expected to increase with age. To examine that statement, a nutritionist collected data from 11 random females from different age categories between the ages of 21 and 43. In the following table, x is the age of a person and y is the weight in pounds.
x, age
21
24
27
29
31
33
35
38
40
42
43
y, weight in lb
121.4
122.3
130.3
131.7
133.3
134.6
136.7
138.4
140.3
142.0
145.1
Select the correct graph of the least-squares line on a scatter diagram.
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Chapter 15 Solutions
Business Math (11th Edition)
Ch. 15.1 - Prob. 1-1SCCh. 15.1 - Prob. 1-2SCCh. 15.1 - Prob. 1-3SCCh. 15.1 - Prob. 1-4SCCh. 15.1 - Prob. 1-5SCCh. 15.1 - Prob. 1-6SCCh. 15.1 - Prob. 2-1SCCh. 15.1 - Prob. 2-2SCCh. 15.1 - Prob. 2-3SCCh. 15.1 - Prob. 2-4SC
Ch. 15.1 - Prob. 1SECh. 15.1 - Prob. 2SECh. 15.1 - Prob. 3SECh. 15.1 - Prob. 4SECh. 15.1 - Prob. 5SECh. 15.1 - Prob. 6SECh. 15.1 - Prob. 7SECh. 15.1 - Prob. 8SECh. 15.1 - Prob. 9SECh. 15.1 - Prob. 10SECh. 15.1 - Prob. 11SECh. 15.1 - Prob. 12SECh. 15.1 - Prob. 13SECh. 15.1 - Prob. 14SECh. 15.1 - Prob. 15SECh. 15.1 - Prob. 16SECh. 15.1 - Prob. 17SECh. 15.1 - Prob. 18SECh. 15.2 - Prob. 1-1SCCh. 15.2 - Prob. 1-2SCCh. 15.2 - Prob. 1-3SCCh. 15.2 - Prob. 1-4SCCh. 15.2 - Prob. 2-1SCCh. 15.2 - Prob. 2-2SCCh. 15.2 - Prob. 2-3SCCh. 15.2 - Prob. 2-4SCCh. 15.2 - Prob. 3-1SCCh. 15.2 - Prob. 3-2SCCh. 15.2 - Prob. 1SECh. 15.2 - Prob. 2SECh. 15.2 - Prob. 3SECh. 15.2 - Prob. 4SECh. 15.2 - Prob. 5SECh. 15.2 - Prob. 6SECh. 15.2 - Prob. 7SECh. 15.2 - Prob. 8SECh. 15.2 - Prob. 9SECh. 15.2 - Prob. 10SECh. 15.2 - Prob. 11SECh. 15.2 - Prob. 12SECh. 15.2 - Prob. 13SECh. 15.2 - Prob. 14SECh. 15.3 - Prob. 1-1SCCh. 15.3 - Prob. 1-2SCCh. 15.3 - Prob. 1-3SCCh. 15.3 - Prob. 1-4SCCh. 15.3 - Prob. 1-5SCCh. 15.3 - Prob. 1-6SCCh. 15.3 - Prob. 1-7SCCh. 15.3 - Prob. 1-8SCCh. 15.3 - Prob. 2-1SCCh. 15.3 - Prob. 2-2SCCh. 15.3 - Prob. 2-3SCCh. 15.3 - Prob. 2-4SCCh. 15.3 - Prob. 1SECh. 15.3 - Prob. 2SECh. 15.3 - Prob. 3SECh. 15.3 - Prob. 4SECh. 15.3 - Prob. 5SECh. 15.3 - Prob. 6SECh. 15.3 - Prob. 7SECh. 15.3 - Prob. 8SECh. 15.3 - Prob. 9SECh. 15.3 - Prob. 10SECh. 15.3 - Prob. 11SECh. 15.3 - Prob. 12SECh. 15 - Prob. 1ESCh. 15 - Prob. 2ESCh. 15 - Prob. 3ESCh. 15 - Prob. 4ESCh. 15 - Prob. 5ESCh. 15 - Prob. 6ESCh. 15 - Prob. 7ESCh. 15 - Prob. 8ESCh. 15 - Prob. 9ESCh. 15 - Prob. 10ESCh. 15 - Prob. 11ESCh. 15 - Prob. 12ESCh. 15 - Prob. 13ESCh. 15 - Prob. 14ESCh. 15 - Prob. 15ESCh. 15 - Prob. 16ESCh. 15 - Prob. 17ESCh. 15 - Prob. 18ESCh. 15 - Prob. 19ESCh. 15 - Prob. 20ESCh. 15 - Prob. 21ESCh. 15 - Prob. 22ESCh. 15 - Prob. 23ESCh. 15 - Prob. 24ESCh. 15 - Prob. 25ESCh. 15 - Prob. 26ESCh. 15 - Prob. 27ESCh. 15 - Prob. 28ESCh. 15 - Prob. 29ESCh. 15 - Prob. 30ESCh. 15 - Prob. 31ESCh. 15 - Prob. 32ESCh. 15 - Prob. 33ESCh. 15 - Prob. 34ESCh. 15 - Prob. 35ESCh. 15 - Prob. 36ESCh. 15 - Prob. 37ESCh. 15 - Prob. 38ESCh. 15 - Prob. 39ESCh. 15 - Prob. 40ESCh. 15 - Prob. 41ESCh. 15 - Prob. 42ESCh. 15 - Prob. 43ESCh. 15 - Prob. 44ESCh. 15 - Prob. 45ESCh. 15 - Prob. 46ESCh. 15 - Prob. 47ESCh. 15 - Prob. 48ESCh. 15 - Prob. 49ESCh. 15 - Prob. 50ESCh. 15 - Prob. 51ESCh. 15 - Prob. 52ESCh. 15 - Prob. 53ESCh. 15 - Prob. 54ESCh. 15 - Prob. 55ESCh. 15 - Prob. 56ESCh. 15 - Prob. 57ESCh. 15 - Prob. 58ESCh. 15 - Prob. 59ESCh. 15 - Prob. 60ESCh. 15 - Prob. 1PTCh. 15 - Prob. 2PTCh. 15 - Prob. 3PTCh. 15 - Prob. 4PTCh. 15 - Prob. 5PTCh. 15 - Prob. 6PTCh. 15 - Prob. 7PTCh. 15 - Prob. 8PTCh. 15 - Prob. 9PTCh. 15 - Prob. 10PTCh. 15 - Prob. 11PTCh. 15 - Prob. 12PTCh. 15 - Prob. 13PTCh. 15 - Prob. 14PTCh. 15 - Prob. 15PTCh. 15 - Prob. 16PTCh. 15 - Prob. 17PTCh. 15 - Prob. 18PTCh. 15 - Prob. 19PTCh. 15 - Prob. 20PTCh. 15 - Prob. 21PTCh. 15 - Prob. 22PTCh. 15 - Prob. 23PTCh. 15 - Prob. 24PTCh. 15 - Prob. 25PTCh. 15 - Prob. 26PTCh. 15 - Prob. 27PTCh. 15 - Prob. 28PTCh. 15 - Prob. 29PTCh. 15 - Prob. 30PTCh. 15 - Prob. 1CTCh. 15 - Prob. 2CTCh. 15 - Prob. 3CTCh. 15 - Prob. 4CTCh. 15 - Prob. 5CTCh. 15 - Prob. 6CTCh. 15 - Prob. 7CTCh. 15 - Prob. 8CTCh. 15 - Prob. 9CTCh. 15 - Prob. 1CPCh. 15 - Prob. 2CPCh. 15 - Prob. 1CS1Ch. 15 - Prob. 2CS1Ch. 15 - Prob. 3CS1Ch. 15 - Prob. 4CS1Ch. 15 - Prob. 1CS2Ch. 15 - Prob. 2CS2Ch. 15 - Prob. 3CS2Ch. 15 - Prob. 4CS2Ch. 15 - Prob. 5CS2
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