Business, 10.10.2019 15:30 mehokkj

If the number of people working is 2 standard deviations above the mean, how many standard deviations above do you expect sales to be?

what value of sales would that correspond to?

if the number of people working is 1 standard deviation below the mean, how many standard deviations above or below the mean do you expect sales to be?

what value of sales does that correspond to?

find the slope estimate of b1.

what does b1 mean, in this context?

find the intercept b0.

what does b0 mean, in this context?

write the equation that predicts sales from number of sales people working

if 17 people are working, what sales do you predict?

if sales are actually $26,000, what is the value of the residual?

have the sales been overestimated or underestimated?

calculate the residuals for the data set.

what are the units of the residuals?

create a residual plot.

which (if any) of the conditions are violated. (linearity, outlier, equal spread)

what is the value of r2

what does this value of r2 mean?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 00:50

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?

Answers: 1

Answer

Business, 22.06.2019 05:00

What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u.s. b

Answers: 1

Answer

Business, 22.06.2019 08:00

Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate

Answers: 2

Answer

Business, 22.06.2019 12:30

On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.

Answers: 3

Answer

You know the right answer?

If the number of people working is 2 standard deviations above the mean, how many standard deviation...

Questions