Homework Help is Here – Start Your Trial Now!
Math
Statistics
4. Sales, in million pesos, of a certain company are shown here. 8 9 P20 P22 P24 Year (X) Sales (Y) 1 2 3 P12 P15 P17 P18 | P16 P19 |P21 4 5 6 |7 10 Determine the regression equation. Solve for the sum of squares for error, standard error, coefficient of determination. Find the 90% confidence interval for all year for the 12th year. Determine a 95% prediction interval for the 12th year.

4. Sales, in million pesos, of a certain company are shown here. 8 9 P20 P22 P24 Year (X) Sales (Y) 1 2 3 P12 P15 P17 P18 | P16 P19 |P21 4 5 6 |7 10 Determine the regression equation. Solve for the sum of squares for error, standard error, coefficient of determination. Find the 90% confidence interval for all year for the 12th year. Determine a 95% prediction interval for the 12th year.

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section: Chapter Questions
Problem 10T: Olympic Pole Vault The graph in Figure 7 indicates that in recent years the winning Olympic men’s...
See similar textbooks
icon
Related questions
Question
4. Sales, in million pesos, of a certain company are shown here. 4 5 Sales (Y) P12 P15 P17 P18 P16 P19 P21 P20 P22 P24 Year (X) 2 3 6 7 8 9 10 Determine the regression equation. Solve for the sum of squares for error, standard error, coefficient of determination. Find the 90% confidence interval for all year for the 12th year. Determine a 95% prediction interval for the 12th year. Step 1: Complete the table. |X Y X? Y? XY 1 12 2 15 3 17 4 18 5 17 6 19 7 22 8 20 9 23 10 | 26 Step 2: Solve for thee following: Ex = ΣΥ X =. Y = Σχ E Y² = , ΣΧΥ Slope (b,): Intercept (bo): Simple Linear Regression Equation(Ỹ = b,X + bo): Standard Error of Estimate(sp): Coefficient of Determination(r²): Confidence Interval: Prediction Interval:
Transcribed Image Text:4. Sales, in million pesos, of a certain company are shown here. 4 5 Sales (Y) P12 P15 P17 P18 P16 P19 P21 P20 P22 P24 Year (X) 2 3 6 7 8 9 10 Determine the regression equation. Solve for the sum of squares for error, standard error, coefficient of determination. Find the 90% confidence interval for all year for the 12th year. Determine a 95% prediction interval for the 12th year. Step 1: Complete the table. |X Y X? Y? XY 1 12 2 15 3 17 4 18 5 17 6 19 7 22 8 20 9 23 10 | 26 Step 2: Solve for thee following: Ex = ΣΥ X =. Y = Σχ E Y² = , ΣΧΥ Slope (b,): Intercept (bo): Simple Linear Regression Equation(Ỹ = b,X + bo): Standard Error of Estimate(sp): Coefficient of Determination(r²): Confidence Interval: Prediction Interval:
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer