Questions
A regression model to predict Y, the state-by-state 2005 burglary crime rate per 100,000 people, used...

A regression model to predict Y, the state-by-state 2005 burglary crime rate per 100,000 people, used the following four state predictors: X1 = median age in 2005, X2 = number of 2005 bankruptcies per 1,000 people, X3 = 2004 federal expenditures per capita, and X4 = 2005 high school graduation percentage.

Predictor Coefficient
  Intercept 4,286.0597   
  AgeMed -26.986   
  Bankrupt 18.5775   
  FedSpend -0.0280   
  HSGrad% -28.5624   

(a) Write the fitted regression equation. (Round your answers to 4 decimal places. Negative values should be indicated by a minus sign.)

yˆy^ =  +  AgeMed +  Bankrupt +  FedSpend +  HSGrad%

(b-1) The 2005 state-by-state crime rate per 100,000

increases by about 27 as the state median age increases.
decreases by about 27 as the state median age increases.

(b-2) The 2005 state-by-state crime rate per 100,000    

increases by about 19 for every 1,000 new bankruptcies filed.
decreases by about 19 for every 1,000 new bankruptcies filed.

(b-3) The 2005 state-by-state crime rate per 100,000           

decreases by 0.028 for each dollar increase in federal funding per person.
increases by 0.028 for each dollar increase in federal funding per person.

(b-4) The 2005 state-by-state crime rate per 100,000      

decreases by about 29 for each 1% increase in high school graduations.
increases by about 29 for each 1% increase in high school graduations.

(c) Would the intercept seem to have meaning in this regression?

No
Yes

(d) Make a prediction for Burglary when X1= 34 years, X2= 7.2 bankruptcies per 1,000, X3= $5,044, and X4= 84 percent.

Burglary Rate

rev: 09_26_2016_QC_CS-62964, 09_20_2017_QC_CS-101173

In: Statistics and Probability

A regression model to predict Y, the state-by-state 2005 burglary crime rate per 100,000 people, used...

A regression model to predict Y, the state-by-state 2005 burglary crime rate per 100,000 people, used the following four state predictors: X1 = median age in 2005, X2 = number of 2005 bankruptcies per 1,000 people, X3 = 2004 federal expenditures per capita, and X4 = 2005 high school graduation percentage.

Predictor Coefficient
  Intercept 4,286.0597   
  AgeMed -26.986   
  Bankrupt 18.5775   
  FedSpend -0.0280   
  HSGrad% -28.5624   

(a) Write the fitted regression equation. (Round your answers to 4 decimal places. Negative values should be indicated by a minus sign.)

yˆy^ =  +  AgeMed +  Bankrupt +  FedSpend +  HSGrad%

(b-1) The 2005 state-by-state crime rate per 100,000

increases by about 27 as the state median age increases.
decreases by about 27 as the state median age increases.

(b-2) The 2005 state-by-state crime rate per 100,000    

decreases by about 19 for every 1,000 new bankruptcies filed.
increases by about 19 for every 1,000 new bankruptcies filed.

(b-3) The 2005 state-by-state crime rate per 100,000           

decreases by 0.028 for each dollar increase in federal funding per person.
increases by 0.028 for each dollar increase in federal funding per person.

(b-4) The 2005 state-by-state crime rate per 100,000      

decreases by about 29 for each 1% increase in high school graduations.
increases by about 29 for each 1% increase in high school graduations.

(c) Would the intercept seem to have meaning in this regression?

No
Yes

(d) Make a prediction for Burglary when X1= 34 years, X2= 7.2 bankruptcies per 1,000, X3= $5,044, and X4= 84 percent.

Burglary Rate

rev: 09_26_2016_QC_CS-62964, 09_20_2017_QC_CS-1011

In: Statistics and Probability

13) A box contains 5 green marbles, 6 blue marbles, and 8 red marbles. Three marbles...

13) A box contains 5 green marbles, 6 blue marbles, and 8 red marbles. Three marbles are selected at random from the box, one at a time, without replacement. Find the probability that the first two marbles selected are not red, and the last marble is red. Round your answer to four decimal places.

In: Statistics and Probability

BUSD 1013 – Introduction to Management – Assignment Template Name: Student ID: Note: see assignment description...

BUSD 1013 – Introduction to Management – Assignment Template

Name:

Student ID: Note: see assignment description in Moodle – sections 9,10 should be a maximum of 2 pages Section 9: Operations plan Reference course materials – Key Items to Consider How will I ensure we have efficient operations to maximize our resources and keep costs competitive? How will I ensure customers find it easy to do business with my company (from learning about us, booking orders, scheduling, using our services and payments). How can I save customers and our company time? What technology will be required to ensure we are efficient? How can I ensure we offer a consistent quality of service, how might I measure this? Section 10 – Elevator Pitch Imagine that you have one minute to convince a potential investor to help fund your venture and invest in your business. What would you say in that one minute? Include both in-text and full references at the end as applicable.

In: Operations Management

Think of a recent purchase you made in your everyday life. Explain how the purchasing process...

Think of a recent purchase you made in your everyday life. Explain how the purchasing process would be different if you were buying the same product for a firm on a regular basis versus purchasing it for yourself.

Please write clear complete sentences and answer the question with great detail.

In: Operations Management

Think of a recent purchase you made in your everyday life. Explain how the purchasing process...

Think of a recent purchase you made in your everyday life. Explain how the purchasing process would be different if you were buying the same product for a firm on a regular basis versus purchasing it for yourself.

Please write clearly and legibly. Answer this question with great detail. Thanks

In: Operations Management

What are the main sources of government revenues? Describe in detail the main expansionary fiscal policy...

What are the main sources of government revenues? Describe in detail the main expansionary fiscal policy tools that the government can use to expand an economy during a recession period.

In: Economics

How would a market intervention work in the United States? Assume the country wants to make...

How would a market intervention work in the United States? Assume the country wants to make the dollar stronger versus the Euro and is set to use $100 million dollars. Fill in the table below and explain in detail the steps taken in the intervention (make sure you mention the role of the international reserves, the Board of Governors, the Desk at the New York Fed, and the effects on the money supply).

In: Finance

A) A 40-year-old man in the U.S. has a 0.24% risk of dying during the next...

A) A 40-year-old man in the U.S. has a 0.24% risk of dying during the next year . An insurance company charges $250 per year for a life-insurance policy that pays a $100,000 death benefit. What is the expected value for the person buying the insurance? Round your answer to the nearest dollar.

Expected Value: $ for the year

B)If you randomly select a letter from the phrase "Ichiro Suzuki is at the top of the lineup," what is the probability that you select a vowel? (Your answer must be in the form of a reduced fraction.)

P(vowel) = ?

C)A jar contains 10 red marbles numbered 1 to 10, 6 blue marbles numbered 1 to 6, and 4 white marbles numbered 1 to 4. A marble is drawn at random from the jar. Find the probability of the given event. Write your answers as integers or reduced fractions.

-The marble is red.    

-The marble is not red.    

-The marble has the number 3 written on it.    

-The marble is blue with the number 2 written on it.    

-The marble has the number 20 written on it.

In: Statistics and Probability

Research your home state’s budget. What is your state policy on having a balanced budget? During...

Research your home state’s budget. What is your state policy on having a balanced budget? During the last budget cycle, what were the major item lines to get cut? How did those cuts affect you, your family, your community?

In: Economics