b. The following data show a hypothetical index of economic activity and the sales revenue for aform over a 14-year period:Index of economic activitySales revenue(RM'000)1,1881,2241,2431,2391,2421,1381,4811,5621,5541,5661,5981,5621,6091,499103104104105105107108108109109110111112112Required:Identify the least squares regression equation that best fits for these data and comment on yourresult.

Solution-: We estimate the least squares regression equation that best fit for this data

Answered: . The following data show a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The following table shows the average monthly distance traveled (in billion miles) by vehicles on urban highways for five different years. Urban Highways - Average Monthly Distance Traveled by Vehicles (Billion Miles) Years Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec Year 1 4.22 5.32 5.21 5.12 4.92 4.49 4.55 4.49 4.44 4.39 4.37 4.35 Year 2 4.31 5.44 5.34 5.24 4.98 4.59 4.68 4.65 4.61 4.68 4.74 4.79 Year 3 4.38 5.51 5.41 5.36 4.98 4.63 4.71 4.78 4.82 4.88 4.85 4.89 Year 4 4.45 5.59 5.5 5.41 5.01 4.72 4.78 4.79 4.82 4.92 5.06 5.11 Year 5 4.51 5.65 5.62 5.49 5.12 4.8 4.88 4.82 4.95 5.12 5.22 5.44 a. Construct a time series plot. What type of pattern exists in the data?
Sales of a company (in $100,000) for the last 7 years are listed in the following table. Use the data as given in the table, do not include the hundred thousand at the end of the values.
In 1998 El Salvador had a gini index of 54.50 and 26 years later had a gini index of 38. What does this tell us about the distribution of income throughout El Salvador?
Suppose that historically, the proportion of people who trade in their old car to a car dealer when purchasing a new car is 48%. Over the previous 6 months, in a sample of 115 new-car buyers, 46 have traded in their old car. To determine whether the proportion of new car buyers that trade in their old car has statistically significantly decreased, what is the p-value? (please round your answer to 4 decimal places)
Table 1 shows the total amount spent in Malaysia by tourists from Saudi Arabia and Japan from 2010 to 2019. Based on Table 1, at the 0.01 level of significance, can we conclude that tourists from Saudi Arabia spent less than those from Japan. Table 1: Amount spend by tourists from Saudi Arabia and Japan Year Saudi Arabia Jepun 2010 0.7 1.1 2011 0.7 1.1 2012 0.8 1.4 2013 0.8 1.5 2014 1.1 1.8 2015 1.0 1.6 2016 1.3 1.3 2017 1.2 1.2 2018 1.3 1.7 2019 1.4 2.3
Suppose the incidence rate of myocardial infarction (MI)was 5 per 1000 among 45- to 54-year-old men in 2000.To look at changes in incidence over time, 5000 men in thisage group were followed for 1 year starting in 2010. Fifteennew cases of MI were found. Suppose that 25% of patients with MI in 2000 died within24 hours. This proportion is called the 24-hour case-fatalityrate. >Suppose we eventually plan to accumulate 50 MIcases during the period 2010–2015. Assume that the24-hour case-fatality rate is truly 20% during this period.How much power would such a study have in distinguishingbetween case-fatality rates in 2000 and 2010–2015 if atwo-sided test with significance level .05 is planned?
Suppose a certain scale is not calibrated correctly, and as a result, the mass of any object is displayed as 0.75 kilogram less than its actual mass. What is the correlation between the actual masses of a set of objects and the respective masses of the same set of objects displayed by the scale?
The average remaining lifetimes for women of various ages in a certain country are given in the following table.
Table 2 shows the statistics for bed count and inpatient service days that Manatee Bay Health Center reported for last year (a non-leap year). The hospital chief operations officer (COO) is meeting with the board of directors next Tuesday for a quarterly meeting. He asked you to figure the hospital's occupancy ratio for the past year. You have been given the statistics in Table 2 to calculate the annual percentage of occupancy for the past year's operations. Table 2 – Manatee Bay Health Center Hospital Bed Count and Inpatient Service Days Manatee Bay Health CenterHospital Bed Count and Inpatient Service Days Time Period Bed Count Inpatient Service Days January 1 – May 31 200…
1. What does calculating the Bendford's average tell us about Individuals? 2. What can we learn by looking at an individual's transactions using the lens of Bendford's law?
The times (in seconds) between sixteen consecutive eruptions of a geyser were as follows:878, 871, 906, 933, 930, 852, 890, 861, 882, 888, 897, 899, 879, 888, 848 By entering the data into R, find the following (giving answers to two decimal places):
Suppose the incidence rate of myocardial infarction (MI)was 5 per 1000 among 45- to 54-year-old men in 2000.To look at changes in incidence over time, 5000 men in thisage group were followed for 1 year starting in 2010. Fifteennew cases of MI were found. Suppose that 25% of patients with MI in 2000 died within24 hours. This proportion is called the 24-hour case-fatalityrate.7.14 Of the 15 new MI cases in the preceding study,5 died within 24 hours. Test whether the 24-hour casefatality rate changed from 2000 to 2010.

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