On the following page is the net sales in $ million for Home Depot Inc. and its
Question:
On the following page is the net sales in $ million for Home Depot Inc. and its subsidiaries from 1993 to 2012.
Determine the least squares equation. On the basis of this information, what are the estimated sales for 2014 and2015?
Transcribed Image Text:
Year Net Sales 1993 $9,239 994 12,477 1995 15,470 1996 19,535 1997 24,156 1998 30,219 1999 38,434 Year Net Sales 2000 $45,738 2001 2002 58,247 2003 64,816 2004 73,094 2005 81,511 2006 90,837 Year Net Sales 2007 $77,349 200871,288 2009 66,176 2010 67,997 2011 70,395 2012 74,754 53,553
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 84% (19 reviews)
The regression equation is 113...View the full answer
Answered By
Shailesh vishwakarma
As a Technology Training Engineer i am responsible for researching, developing, and delivering training programs on the latest technologies in mechanical engineering. The successful candidate will have a deep understanding of the latest trends and developments in the field, as well as excellent communication and presentation skills to effectively deliver training to others.
Responsibilities:
1-Research and develop training programs on the latest technologies in mechanical engineering, such as artificial intelligence, robotics, and automation.
2-Deliver training sessions to groups of engineers, technicians, and other professionals, both in-person and online.
3-Evaluate the effectiveness of the training programs, gather feedback from participants, and make adjustments as needed.
4-Stay up-to-date with the latest developments in mechanical engineering and related fields, and adjust training programs accordingly.
5-Provide technical support to participants in the training programs, answering questions and providing guidance as needed.
6-Collaborate with other trainers, as well as with other departments in the company, to ensure that training programs are aligned with company goals and objectives.
7-Develop training materials, such as presentations, manuals, and instructional videos, to support the training programs.
0.00
0 Reviews
10+ Question Solved
Related Book For
Statistical Techniques In Business And Economics
ISBN: 356
16th Edition
Authors: Douglas Lind, William Marchal
Question Posted:
Students also viewed these Statistics questions
-
The USA Today type graph on the following page is based on data from the Department of Agriculture. It represents the percentage of income a middle-income family will spend on their children. (a) How...
-
Determine whether the probabilities on the following page are computed using classical methods, empirical methods, or subjective methods. (a) The probability of having eight girls in an eight-child...
-
The integer programming problem on the following page has been developed to help First National Bank decide where, out of 10 possible sites, to locate four new branch offices: where Xi represents...
-
The total sales (all credit) of a firm are 6,40,000. It has a gross profit margin of 15 per cent and a current ratio of 2.5. The firm's current liabilities are 96,000; inventories 48,000 and cash...
-
A certain radiator wall is made of copper with a conductivity k = 47 lb/sec-F at 212oF. The wall is 3/16 in. thick and has circulating water on one side with a convection coefficient h1 = 85...
-
If you had a panel data set with several year-wise observations on each country, explain how you would go about testing the inverted-U hypothesis. How would your test change (for pragmatic reasons)...
-
On December 1, 2009, Barnum Company (a U.S.-based company) entered into a three-month forward contract to purchase 1,000,000 ringgits on March 1, 2010. The following U.S. dollar per ringgit exchange...
-
1. What is the macro and industry environment in the Southeast Asian region for the entrance of new budget airlines? What opportunities and challenges are associated with this environment? 2. How...
-
Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Debits > Credits by: $ 133,900 170,400 Credits > Debits by: $ 84,200 4,500 101,000 Cash Accounts...
-
A group of parts were manufactured on two machines; machine A and machine B. 55% of the parts were manufactured on machine A, 45% on machine B. Machine A produces 20% defective parts (D) and 80% non-...
-
Listed below is the number of rooms rented at Plantation Resorts of Georgia for the years from 2003 to 2013. Determine the least squares equation. According to this information, what is the estimated...
-
The sales by Walkers Milk and Dairy Products in millions of dollars for the period from 2007 to 2013 are reported in the following table. Determine the least squares regression trend equation....
-
Spend some time looking at Wahoos Fish Tacos Web site, focusing particularly on its menu and its store layout. Do you think the business is well positioned or poorly positioned to take advantage of...
-
1. What are the threats being faced by Indian General Insurance Ltd. (IGIL)? 2. What are its traditional strengths? What 'business definitions' should it follow while capitalizing on its traditional...
-
You go to discuss the incident and the client's claims with your supervisor. As you retell the incident, it is clear that your supervisor is not comfortable. You ask your supervisor for advice on the...
-
Case Study Two: Rawlings Rawlings is an American sports equipment manufacturing company based in Town and Country, Missouri, and founded in 1887. Rawings specializes in baseball equipment and...
-
The discussion is for Administrating organizational change course. (we should write 300 words) Discussion question is: Refer to table 6.4 in your book. Think of a time when you were introduced to...
-
Content: Identify at least two resources for each of the four critical sections in the course project: Strategic Planning, Healthcare Reimbursement, Revenue Cycle Process, and Reimbursement...
-
Assume that markets are efficient. Suppose that during a trading day, important new information is released for the first time concerning American Golf Inc. This information indicates that the firm...
-
The following processes constitute the air-standard Diesel cycle: 12: isentropic compression,23: constant-volume energy addition (T and P increase),34: constant-pressure energy addition (v...
-
Go to the books website and download the file 4_5_46. The data represent the percentage of putts made by golfers on the PGA Tour at different distances from the hole. For example, at a distance of 2...
-
In problem 627, give a 95% confidence interval for the variance of the transit time for all goods. In problem A transportation company wants to estimate the average length of time goods are in...
-
What is the required sample size for determining the proportion of defective items in a production process if the proportion is to be known to within 0.05 with 90% confidence? No guess as to the...
-
In problem 6-5, suppose that a 99% confidence interval is required. Compute the new interval, and compare it with the 95% confidence interval you computed in problem 6-5. In problem A real estate...
-
(1 point) Bill makes annual deposits of $1900 to an an IRA earning 5% compounded annually for 14 years. At the end of the 14 years Bil retires. a) What was the value of his IRA at the end of 14...
-
Which of the following concerning short-term financing methods is NOT CORRECT? Short-term bank loans typically do not require assets as collateral. Firms generally have little control over the level...
-
Kingbird Corporation is preparing its December 31, 2017, balance sheet. The following items may be reported as either a current or long-term liability. 1. On December 15, 2017, Kingbird declared a...
Study smarter with the SolutionInn App