Question
In: Operations Management
Observation Price Dinners Sold 1 $2.70 760 2 $3.50 510 3 $2.00 980 4 $4.20 250...
|
Observation |
Price |
Dinners Sold |
|
1 |
$2.70 |
760 |
|
2 |
$3.50 |
510 |
|
3 |
$2.00 |
980 |
|
4 |
$4.20 |
250 |
|
5 |
$3.10 |
320 |
|
6 |
$4.05 |
480 |
Based on the reported historical data above, determine the following.
- Regression equation
- Correlation coefficient and coefficient of determination.
- How many dinners can Ajman Crunchy Chicken expect to sell at $3.00 each?
Solutions
Expert Solution
(a) Regression Equation => y = 1454.1515 - 277.4918x
(b) Correlation coefficient = 0.8434
Coefficient of determination = 0.7113
(c) At price of $3, Ajmal Crunchy Chicken would be able to sell approximately 622 dinners.
"IF YOU ARE SATISFIED WITH THE ANSWER, DO RATE."
keosha answered 5 months agoRelated Solutions
Observation A B Observation A B 1 793.7 803.1 2 792.4 789.9 3 793.9 799.2 4...
Observation A B
Observation
A
B
1
793.7
803.1
2
792.4
789.9
3
793.9
799.2
4
794.9
792.1
5
791.1
791.9
6
790.7
786.2
Determine the test statistic for this hypothesis test t0 and P
value Please help with steps
1.-The following data were used in a regression study. Observation 1 2 3 4 5 6...
1.-The following data were used in a regression study.
Observation
1
2
3
4
5
6
7
8
9
xi
2
3
4
5
7
7
7
8
9
yi
4
5
4
7
4
6
9
6
11
(a)Develop an estimated regression equation for these data.
(Round your numerical values to two decimal places.)
ŷ =______
2.-The following data show the brand, price ($), and the overall
score for six stereo headphones that were tested by a certain
magazine....
Month Revenue ($000) 1 700 2 740 3 710 4 695 5 760 6 810 7...
Month
Revenue ($000)
1
700
2
740
3
710
4
695
5
760
6
810
7
750
8
820
9
730
10
710
11
720
12
760
13
800
14
820
15
770
16
740
17
690
18
680
19
710
20
740
Monthly revenue for the past 20 months of all the products sold
in the Health and Beauty Department of Green Corporation is
contained in the Excel data file. Use that data to answer the
following.
Obtain a...
The following data were used in a regression study. Observation 1 2 3 4 5 6...
The following data were used in a regression study.
Observation
1
2
3
4
5
6
7
8
9
xi
2
3
4
5
7
7
7
8
9
yi
5
5
4
7
4
6
9
5
11
(a) Develop an estimated regression equation for these data.
(Round your numerical values to two decimal places.)
ŷ =
xi
1
2
3
4
5
yi
3
8
5
11
12
The estimated regression equation for these data
is ŷ = 1.50...
SE-FamilySize 1 1 4 3 2 4 2 3 4 2 4 1 4 2 2...
SE-FamilySize
1
1
4
3
2
4
2
3
4
2
4
1
4
2
2
4
5
4
5
4
4
2
4
3
1
2
3
5
5
5
Make a confidence interval. Be sure you show all the steps you
took. Include a screen shot of any applet you used in your
calculations.
2. Choose a confidence level (1 – α).
3. What is xbar?
4. What is s?
5. What is t? (Show a screen shot...
OBSERVATION SAMPLE 1 2 3 5 1 1.20 1.42 1.05 1.06  
OBSERVATION
SAMPLE
1
2
3
5
1
1.20
1.42
1.05
1.06
1.40
2
1.81
1.76
1.46
1.23
1.88
3
1.28
1.17
1.15
1.76
1.92
4
1.11
1.43
1.41
1.06
1.41
5
1.79
1.66
1.18
1.21
1.67
6
1.54
1.34
1.84
1.34
1.49
7
1.02
1.54
1.47
...
The following page-reference string: 1, 2, 4, 3, 2, 5, 4, 2, 4, 2, 1, 3,...
The following page-reference string:
1, 2, 4, 3, 2, 5, 4, 2, 4, 2, 1, 3, 2, 3, 1, 3, 6, 1, 6,
4.
Main memory with 3 frames of 1 kilobyte available and
they are all initially empty. Complete a figure, similar to Figure
8.14(in the slides or textbook), showing the frame allocation for
each of the following page replacement policies:
a. Optimal
b. Least recently used
c. First-in-first-out
Then, find the relative performance of each policy with
respect...
Year Stock X Stock Y 1 12.00% 10.00% 2 4.00% 18.00% 3 15.00% 2.00% 4 1.00%...
Year
Stock X
Stock Y
1
12.00%
10.00%
2
4.00%
18.00%
3
15.00%
2.00%
4
1.00%
8.00%
What is the covariance of the returns of Stock X with the
returns of Stock Y?"
Please round to 6 decimal places, the answer should be negative.
Thanks
Year Stock X Stock Y 1 12.00% 10.00% 2 4.00% 18.00% 3 15.00% 2.00% 4 1.00%...
Year
Stock X
Stock Y
1
12.00%
10.00%
2
4.00%
18.00%
3
15.00%
2.00%
4
1.00%
8.00%
What is the covariance of the returns of Stock X with the
returns of Stock Y?
Please round to 6 decimal places.
MONTH ZEMIN CORP. MARKET 1 7% 4% 2 2% 1% 3 2% 2% 4 -3% -1%...
MONTH ZEMIN CORP. MARKET
1 7% 4%
2 2% 1%
3 2% 2%
4 -3% -1%
5 4% 2%
6 2% 3%
a. Given the holding-period returns shown above, compute the
average returns and the standard deviations for the Zemin
Corporation and for the market.
b. If Zemin's beta is 1.04 and the risk-free rate is 9
percent, what would be an appropriate required return for an
investor owning Zemin? (Note: Because the returns of Zemin
Corporation are based on...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- A labor market has 50,000 people in the labor force. Each month, a fraction p of...
- A road with a radius of 72 m is banked so that a car can navigate...
- 1) If you had not dried the solid, would the calculated percent yield have been higher,...
- Two structures of alanine can be drawn that have a net charge of zero, but the...
- Co(II) was used as an internal standard to analyze a sample of Ti(IV) with atomic absorption...
- Matlab Programming Write an M-file to read a real-valued vector of any length from the keyboard...
- TASK back to top In the contemporary management environment, mergers and acquisitions are hot topics; particularly...
ADVERTISEMENT