Understanding Basic Statistics
8th Edition
ISBN: 9781337558075
Author: Charles Henry Brase, Corrinne Pellillo Brase
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
| 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
(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
Understanding Basic Statistics
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