Statistics for Business & Economics, Revised (MindTap Course List)
12th Edition
ISBN: 9781285846323
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
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Textbook Question
Chapter 15.2, Problem 7E
PC World rated four component characteristics for 10 ultraportable laptop computers: features; performance; design; and price. Each characteristic was rated using a 0–100 point scale. An overall rating, referred to as the PCW World Rating, was then developed for each laptop. The following table shows the performance rating, features rating, and the PCW World Rating for the 10 laptop computers (PC World website, February 5, 2009).
| Model | Performance | Features | PCW Rating |
| Thinkpad X200 | 77 | 87 | 83 |
| VGN-Z598U | 97 | 85 | 82 |
| U6V | 83 | 80 | 81 |
| Elitebook 2530P | 77 | 75 | 78 |
| X360 | 64 | 80 | 78 |
| Thinkpad X300 | 56 | 76 | 78 |
| Ideapad U110 | 55 | 81 | 77 |
| Micro Express JFT2500 | 76 | 73 | 75 |
| Toughbook W7 | 46 | 79 | 73 |
| HP Voodoo Envy133 | 54 | 68 | 72 |
- a. Determine the estimated regression equation that can be used to predict the PCW World Rating using the performance rating as the independent variable.
- b. Determine the estimated regression equation that can be used to predict the PCW World Rating using both the performance rating and the features rating.
- c. Predict the PCW World Rating for a laptop computer that has a performance rating of 80 and a features rating of 70.
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plays (AL or NL), the number of wins during the 2007 season and the cost per win (in dollars). The data for the 16 National League teams are shown
below.
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San Francisco Giants
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78…
On December 17, 2007 baseball writer John Hickey wrote an article for the Seattle P-I about increases to ticket prices for Seattle Mariners games during the 2008 season. The article included a data set that listed the average ticket price for each MLB team, the league in which the team plays (AL or NL), the number of wins during the 2007 season and the cost per win (in dollars). The data for the 16 National League teams are shown below.
team
league
price
wins
cost/win
Arizona Diamondbacks
NL
19.68
90
35.40
Atlanta Braves
NL
17.07
84
32.89
Chicago Cubs
NL
34.30
85
65.33
Cincinnati Reds
NL
17.90
72
40.32
Colorado Rockies
NL
14.72
90
26.67
Florida Marlins
NL
16.70
71
38.13
Houston Astros
NL
26.66
73
59.11
Los Angeles Dodgers
NL
20.09
82
34.64
Milwaukee Brewers
NL
18.11
83
35.37
N.Y. Mets
NL
25.28
88
46.56
Philadelphia Phillies
NL
26.73
89
48.69
Pittsburgh Pirates
NL
17.08
68
40.67
San Diego Padres
NL
20.83
89
38.15
San Francisco Giants
NL
24.53
71…
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Click on the datafile logo to reference the data.
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6,300
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Chapter 15 Solutions
Statistics for Business & Economics, Revised (MindTap Course List)
Ch. 15.2 - The estimated regression equation for a model...Ch. 15.2 - Consider the following data for a dependent...Ch. 15.2 - In a regression analysis involving 30...Ch. 15.2 - A shoe store developed the following estimated...Ch. 15.2 - The owner of Showtime Movie Theaters, Inc., would...Ch. 15.2 - The National Football League (NFL) records a...Ch. 15.2 - PC World rated four component characteristics for...Ch. 15.2 - The Cond Nast Traveler Gold List provides ratings...Ch. 15.2 - Waterskiing and wakeboarding are two popular...Ch. 15.2 - Prob. 10E
Ch. 15.3 - In exercise 1, the following estimated regression...Ch. 15.3 - Prob. 12ECh. 15.3 - In exercise 3, the following estimated regression...Ch. 15.3 - In exercise 4, the following estimated regression...Ch. 15.3 - In exercise 5, the owner of Showtime Movie...Ch. 15.3 - In exercise 6, data were given on the average...Ch. 15.3 - Prob. 17ECh. 15.3 - Prob. 18ECh. 15.5 - In exercise 1, the following estimated regression...Ch. 15.5 - Refer to the data presented in exercise 2. The...Ch. 15.5 - The following estimated regression equation was...Ch. 15.5 - In exercise 4, the following estimated regression...Ch. 15.5 - Prob. 23ECh. 15.5 - The Wall Street Journal conducted a study of...Ch. 15.5 - The Cond Nast Traveler Gold List for 2012 provided...Ch. 15.5 - In exercise 10, data showing the values of several...Ch. 15.6 - In exercise 1, the following estimated regression...Ch. 15.6 - Refer to the data in exercise 2. The estimated...Ch. 15.6 - In exercise 5, the owner of Showtime Movie...Ch. 15.6 - Prob. 30ECh. 15.6 - The American Association of Individual Investors...Ch. 15.7 - Consider a regression study involving a dependent...Ch. 15.7 - Consider a regression study involving a dependent...Ch. 15.7 - Management proposed the following regression model...Ch. 15.7 - Refer to the Johnson Filtration problem introduced...Ch. 15.7 - This problem is an extension of the situation...Ch. 15.7 - The Consumer Reports Restaurant Customer...Ch. 15.7 - A 10-year study conducted by the American Heart...Ch. 15.8 - Data for two variables, x and y, follow. xi 1 2 3...Ch. 15.8 - Data for two variables, x and y, follow. xi 22 24...Ch. 15.8 - Exercise 5 gave the following data on weekly gross...Ch. 15.8 - The following data show the curb weight,...Ch. 15.8 - Prob. 43ECh. 15.9 - Refer to the Simmons Stores example introduced in...Ch. 15.9 - In Table 15.12 we provided estimates of the...Ch. 15.9 - Community Bank would like to increase the number...Ch. 15.9 - Over the past few years the percentage of students...Ch. 15.9 - The Tire Rack maintains an independent consumer...Ch. 15 - The admissions officer for Clearwater College...Ch. 15 - The personnel director for Electronics Associates...Ch. 15 - A partial computer output from a regression...Ch. 15 - Recall that in exercise 49, the admissions officer...Ch. 15 - Recall that in exercise 50 the personnel director...Ch. 15 - The Tire Rack, Americas leading online distributor...Ch. 15 - The Department of Energy and the U.S....Ch. 15 - A portion of a data set containing information for...Ch. 15 - Fortune magazine publishes an annual list of the...Ch. 15 - Consumer Research, Inc., is an independent agency...Ch. 15 - Matt Kenseth won the 2012 Daytona 500, the most...Ch. 15 - Finding the Best Car Value When trying to decide...
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