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
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Business, 22.06.2019 07:30, alexanderavrett
Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.
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Business, 22.06.2019 11:30, iBrain
4. chef a says that broth should be brought to a boil. chef b says that broth should be kept at an even, gentle simmer. which chef is correct? a. neither chef is correct. b. chef a is correct. c. both chefs are correct. d. chef b is correct. student c incorrect which is right answer
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Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?
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If the number of people working is 2 standard deviations above the mean, how many standard deviation...
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