Tracking hurricanes 2009. Like many businesses, The National Hurricane Center also participates in a program to improve
Question:
Tracking hurricanes 2009. Like many businesses, The National Hurricane Center also participates in a program to improve the quality of data and predictions by government agencies. They report their errors in predicting the path of hurricanes. The following scatterplot shows the trend in 48-hour tracking errors since 1970. (www.nhc.
noaa.gov)
a) Interpret the slope and intercept of the regression model.
b) Interpret in this context.
c) If the Center had a goal of achieving an average tracking error of 65 nautical miles by 2015, will they make it?
Explain.
d) Use technology to compute the Durbin-Watson statistic and comment.
e) What cautions would you state about your conclusion?
Step by Step Answer:
Business Statistics
ISBN: 9780321716095
2nd Edition
Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe