Question
In: Math
Write down a brief report of the results from this regression analysis explaining: (1) what is...
Write down a brief report of the results from this regression analysis explaining: (1) what is the impact of each variable over the demand? (2) How strong are the results from this analysis to support a forecast? (3) What are the limitations you foresee by using this analysis to forecast production for the following five years?
| SUMMARY OUTPUT | |||||||||
| Regression Statistics | |||||||||
| Multiple R | 0.72916937 | ||||||||
| R Square | 0.53168797 | ||||||||
| Adjusted R Square | 0.51496254 | ||||||||
| Standard Error | 72.98925047 | ||||||||
| Observations | 30 | ||||||||
| ANOVA | |||||||||
| df | SS | MS | F | Significance F | |||||
| Regression | 1 | 169354.741 | 169354.741 | 31.7891965 | 4.866E-06 | ||||
| Residual | 28 | 149168.059 | 5327.43068 | ||||||
| Total | 29 | 318522.8 | |||||||
| Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | Lower 95.0% | Upper 95.0% | ||
| Intercept | 1963.58187 | 120.949007 | 16.2347911 | 8.8864E-16 | 1715.82906 | 2211.33468 | 1715.82906 | 2211.33468 | |
| Price per Case, P | -5.336865119 | 0.9465563 | -5.6381909 | 4.866E-06 | -7.2757978 | -3.3979324 | -7.2757978 | -3.3979324 | |
| Q=1963.58-5.34*P | |||||||||
| ep = | -0.527356143 | ||||||||
Solutions
milcah answered 2 years agoRelated Solutions
Write a brief report explaining the differences in the calculation of Capital Gains for a commercial...
Write a brief report explaining the differences in the
calculation of Capital Gains for a commercial business compared
with a private individual and give an example for each in your
report.
Below are results from a regression analysis. The dependent variable is the percent vote for Woodrow...
Below are results from a regression analysis. The dependent
variable is the percent vote for Woodrow Wilson in 1916, measured
from 0 to 100. Each observation is a New Jersey county, of which
there are 20. The independent variables are the county’s percentage
of Democrats (0 to 100), percentage working class (0 to 100), and
the number of shark attacks that occurred in it in 1916 (0, 1, 2, .
. . ). Shark attacks are rare: no county experienced...
What are the SAS Coding and SAS Results for a multiple regression analysis of the following...
What are the SAS Coding and SAS Results for a multiple
regression analysis of the following data, where the price of the
house is the dependent variable?
House Price
Living Area
Bathrooms
Bedrooms
97739
1276
2
2
97783
1061
1
3
98423
1355
1
3
99045
937
1
2
99082
924
1
2
Write a brief to the board of directors explaining how you, as the chief executive of...
Write a brief to the board of directors explaining how you, as
the chief executive of the hospital, would implement strategies to
reduce readmissions within the context of Medicare reimbursement.
Be specific and provide examples.
Write report in the regression analysis as follows. we should create a data about below problems...
Write report in the regression analysis as follows. we should
create a data about below problems
• Consider any problem in accounting, finance, marketing and
management (depend on your subject). As an example, problem: is any
relationship between salesof tea bags (y) and price (x1), advertise
cost (x2)? Consider sales as dependent variable and price,
advertise as independent variables [do not use this example].
• Choose different dependent and independent variables depends
on your specialization. (your choice)
• Collect at...
Estimate the demand curve using regression analysis. Write down the equational form. Interpret the coefficients, statistical...
Estimate the demand curve using regression analysis. Write down
the equational form. Interpret the coefficients, statistical
significance and R2. What are the limitations of your specification
(omitted variables, correlation vs. causality)?
Quantity
Price
84
59
80
65
85
54
83
61
81
64
84
58
87
48
78
68
82
63
76
70
79
65
75
80
Estimate the demand curve using regression analysis. Write down the equational form. Interpret the coefficients, statistical...
Estimate the demand curve using regression analysis. Write down
the equational form. Interpret the coefficients, statistical
significance and R2. What are the limitations of your specification
(omitted variables, correlation vs. causality)?
Quantity
Price
84
59
80
65
85
54
83
61
81
64
84
58
87
48
78
68
82
63
76
70
79
65
75
80
Estimate the demand curve using regression analysis. Write down the equational form. Interpret the coefficients, statistical...
Estimate the demand curve using regression analysis. Write down
the equational form. Interpret the coefficients, statistical
significance and R2. What are the limitations of your specification
(omitted variables, correlation vs. causality)?
Quantity
Price
84
59
80
65
85
54
83
61
81
64
84
58
87
48
78
68
82
63
76
70
79
65
75
80
Given The following results from LINEAR REGRESSION Analysis for the variables X and Y Slope= 12.7...
Given The following results from LINEAR REGRESSION Analysis for
the variables X and Y Slope= 12.7 y-intercept =3.2 n=10 SE=4.3 The
equation of the regression line is …… and 95% confidence interval
for the slope is….
(A)Y=3.2+12.7X, and (3.675,12.768)
(B)Y=12.7+3.2X, and (2.784,12.745)
(C)Y=3.2+12.7X, and (2.784,22.616)
Summarize an action that can produce unreliable results in a multiple regression analysis. What kind of...
Summarize an action that can produce unreliable results in a
multiple regression analysis.
What kind of variable explains the variation or change in
another variable?
Differentiate between using quantitative and qualitative
forecasting as a researcher.
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- What 2 things happen to the melting point of a solid when an impurity is present?
- How Can Hominin Evolution be characterized as " mosaic evolution" Use examples of species from the...
- Absorption and Variable Costing Income Statements for Two Months and Analysis During the first month of...
- Mobile and wireless devices are being increasingly used in the Business Administration and Management Industry. write...
- What are the options that might be considered in relation to introducing flexible work practices? What...
- Question 2 : Aggregate Scores: Write a program that opens 2 files, quiz.txt, and hw.txt. The...
- Define the term symbiosis specifically as it applies in a biological context. Compare and contrast parasitism,...
ADVERTISEMENT