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- XYZ Corporation Stock Prices The following table shows the average stock price, in dollars, of XYZ Corporation in the given month. Month Stock price January 2011 43.71 February 2011 44.22 March 2011 44.44 April 2011 45.17 May 2011 45.97 a. Find the equation of the regression line. Round the regression coefficients to three decimal places. b. Plot the data points and the regression line. c. Explain in practical terms the meaning of the slope of the regression line. d. Based on the trend of the regression line, what do you predict the stock price to be in January 2012? January 2013?Special Rounding Instructions For this exercise set, round all regression parameters to three decimal places, but round all other answers to two decimal places unless otherwise indicated. Postal RatesThe table below shows the cost s, in cents, of a domestic first-class postage stamp in the United States tyears after 1900. t=time,inyearssince1900 s=costofstamp 19 2 32 3 58 4 71 8 78 15 85 22 95 32 102 37 109 44 116 47 a.Use exponential regression to model s as an exponential function of t. b.What cost does your model give for a 1988 stamp? Report your answer to the nearest cent. The actual cost was 25cents. c.Plot the data and the exponential model.Cable TV The following table shows the number C. in millions, of basic subscribers to cable TV in the indicated year These data are from the Statistical Abstract of the United States. Year 1975 1980 1985 1990 1995 2000 C 9.8 17.5 35.4 50.5 60.6 60.6 a. Use regression to find a logistic model for these data. b. By what annual percentage would you expect the number of cable subscribers to grow in the absence of limiting factors? c. The estimated number of subscribers in 2005 was 65.3million. What light does this shed on the model you found in part a?
- Special Rounding Instructions For this exercise set, round all regression parameters to three decimal places, but round all other answers to two decimal places unless otherwise indicated. First Down The following table shows the probability P, as a percentage, of a college football team converting on fourth down when not goal to go versus the distance D, in yards, to the first down maker. 28 D = distance, in yards P = probability 1 70 2 60 3 53 4 46 5 41 6 37 7 34 8 32 a.Use exponential regression to model the data. b.Plot the data along with the exponential model. c.What probability does the model give of gaining a first down for fourth down and 10yards to go? Note: the actual probability is 28.Special Rounding Instructions For this exercise set, round all regression parameters to three decimal places, but round all other answers to two decimal places unless otherwise indicated. Gray Wolves in WisconsinGray wolves were among the first mammals protected under the Endangered Species Act in the 1970s. Wolves recolonized in Wisconsin beginning in 1980.Their population grew reliably after 1985 as follows: Year Wolves Year Wolves 1985 15 1993 40 1986 16 1994 57 1987 18 1995 83 1988 28 1996 99 1989 31 1997 145 1990 34 1998 178 1991 40 1999 197 1992 45 2000 266 a. Explain why an exponential model may be appropriate. b. Are these data exactly exponential? Explain. c. Find an exponential model for these data. d. Plot the data and the exponential model. e. Comment on your graph in part d. Which data points are below or above the number predicted by the exponential model?Noise and Intelligibility Audiologists study the intelligibility of spoken sentences under different noise levels. Intelligibility, the MRT score, is measured as the percent of a spoken sentence that the listener can decipher at a cesl4ain noise level in decibels (dB). The table shows the results of one such test. (a) Make a scatter plot of the data. (b) Find and graph the regression line. (c) Find the correlation coefficient. Is a linear model appropriate? (d) Use the linear model in put (b) to estimate the intelligibility of a sentence at a 94-dB noise level.
- Special Rounding Instructions. For this exercise set, round all regression parameters to three decimal places, but round all other answers to two decimal places unless otherwise indicated. Caloric Content Versus Shell Length In 1965, Robert T.Paine gathered data on the length L, in millimeters, of the shell and the caloric content C, in calories, for a certain mollusk. The table below is adapted from those data. L=length C=Calories 7.5 92 13 210 20 625 24 1035 31 1480 a.Find an exponential model of calories as a function of length. b.Plot the graph of the data and the exponential model. Which of the data points show a good deal less caloric content than the model would predict for the given length? c.If length is increased by 1millimeter, how is caloric content affected?3.4 SKILL BUILDING EXERCISES Using the Regression Line In Exercises S-1 through S-4, you are asked to provide information using the given regression line. Employee Turnover The regression line for a data set showing the percentage E of employees who cease employment versus their monthly salary S, in dollars, is E=10-S500. According to the regression equation, what monthly salary level would result in 0 employee turnover?Special Rounding Instructions. For this exercise set, round all regression parameters to three decimal places, but round all other answers to two decimal places unless otherwise indicated. Growth in Length of HaddockA study by Raitt showed that the maximum length that a haddock could be expected to grow is about 53centimeters.Let D=D(t) denote the difference between 53centimeters and the length at age t years. The table below gives experimentally collected values for D. Age t Difference D 2 28.2 5 16.1 7 9.5 13 3.3 19 1.0 a.Find an exponential model of D as a function of t. b.Let L=L(t) denote the length in centimeters of a haddock at age t years. Find the model for L as a function of t. c.Plot the graph of the experimentally gathered data for the length L at ages 2,5,7,13, and 19years along with the graph of the model you made for L. Does this graph show that the 5year old haddock is a bit shorter or a bit longer than would be expected? d.A fisherman has caught a haddock that measures 41centimeters. What is the approximate age of the haddock?