Assets and sales. A business analyst is looking at a companys assets and sales to determine the

Question:

Assets and sales. A business analyst is looking at a company’s assets and sales to determine the relationship (if any) between the two measures. She has data (in $million)

from a random sample of 79 Fortune 500 companies, and obtained the linear regression below: (Data in Companies)

Predictor Coeff SE(Coeff) t-Ratio P-Value Intercept 1867.4 804.5 2.32 0.0230 Sales 0.975 0.099 9.84 60.0001 s = 6132.59 R-Sq = 55.7%

Use the data provided to find a 95% confidence interval for the slope of the regression line and interpret your interval in context.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

See More Books

Question Posted: Sep 07, 2024 08:04 AM

See More Questions

The values of Alabama building contracts (in millions of dollars) for a 12-month period follow: 240 350 230 260 280 320 220 310 240 310 240 230 a. Construct a time series plot. What type of pattern...
What were the limitations of Goizueta's strategy that persuaded his successor, Daft, to shift away from it? What was Daft trying to achieve? Daft's strategy also did not produce the desired results....
Which of the following handles a request first in a page-centric approach? (a) A JSP page (b) A session manager (c) A servlet (d) A JavaBean
Software company. A small software company will bid on a major contract. It anticipates a profit of $50,000 if it gets it, but thinks there is only a 30% chance of that happening. a) Whats the...
Use the data in the following table to a. Prepare a frequency distribution of the respondents ages b. Cross-tabulate the respondents genders with cola preference c. Identify anyoutliers Weekly Unit...
This is one question Thanks a lot Suppose an economy begins at ADD and A80 in long-run equilibrium with real GDP equal to Y*; the price level is stable at P0. a. Suppose the central bank announces...
4. 16. A 5.0-kg block and a 4.0-kg block are connected by a 0.6 kg rod, as shown in the figure. The links between the blocks and the rod are denoted by A and B. A vertical upward force of magnitude F...
A small town in S. America had been plagued, thousands of people were dying of yellow fever. The task was to find the cause and eradicate it. Two approaches used were: Microscopic research on the...
A small publisher wants to keep data about its books and authors. What are possible business rules (must come from the real world)? Draw a conceptual ERD for the publisher.
Consider a contingency table of observed frequencies with seven rows and five columns. a) How many chi-square degrees of freedom are associated with this table? b) What is the chi-square critical...
Concrete has a higher specific heat than soil. Use this fact to explain (partially) why cities have a higher average nighttime temperature than the surrounding countryside. If a city is hotter than...
The landing gear of an aircraft with: mass of 2000 kg the spring-mass-damper system Consider that the runway surface is y(t) = 0.2 cos 157.08t stiffness of the spring is 5 x 105 N/m. What is the...

Assets and sales. A business analyst is looking at a companys assets and sales to determine the

Question:

Step by Step Answer:

Business Statistics

Students also viewed these Business questions