Student Solutions Manual for Brase/Brase's Understanding Basic Statistics, 7th
Student Solutions Manual for Brase/Brase's Understanding Basic Statistics, 7th
7th Edition
ISBN: 9781305258792
Author: BRASE, Charles Henry
Publisher: Cengage Learning
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Chapter 4.2, Problem 16P

Research: Patents The following data are based on information from the Harvard Business Review (Vol. 72, No. 1). Let x be the number of different research programs, and let y be the mean number of patents per program. As in any business, a company can spread itself too thin. For example, too many research programs might lead to a decline in overall research productivity. The following data are for a collection of pharmaceutical companies and their research programs:

x 10 12 14 16 18 20
y 1.8 1.7 1.5 1.4 1.0 0.7

Complete parts (a) through (e), given Σ x = 90 ,   Σ y = 8.1 ,   Σ x 2 = 1420 ,   Σ y 2 = 11.83 ,   Σ x y = 113.8 ,  and  r 0 .973 .

(f) Suppose a pharmaceutical company has 15 different research programs. What does the least-squares equation forecast for y = mean number of patents per program?

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Chapter 4 Solutions

Student Solutions Manual for Brase/Brase's Understanding Basic Statistics, 7th

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