Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A computer software developer would like to use the number of downloads (in thousands) for the trial version of his new shareware to predict the

A computer software developer would like to use the number of downloads (in thousands) for the trial version of his new shareware to predict the amount of revenue (in thousands of dollars) he can make on the full version of the new shareware. Following is the output from a simple linear regression along with the residual plot and normal probability plot obtained from a data set of 30 different sharewares that he has developed:

image text in transcribedimage text in transcribedimage text in transcribed
Regression Statistics Multiple R 0.8691 R Square 0.7554 Adjusted R Square 0.7467 Standard Error 44.4765 Observations 30.0000 ANOVA if SS MS F Significance F Regression 171062.9193 171062.9193 86.4759 0.0000 Residual 28 55388.4309 1978. 1582 Total 29 226451.3503 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept -95.0614 26.9183 -3.5315 0.0015 -150.2009 -39.9218 Download 3.7297 0.4011 9.2992 0.0000 2.9082 4.5513

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Pell And Pell–Lucas Numbers With Applications

Authors: Thomas Koshy

1st Edition

1461484898, 9781461484899

More Books

Students also viewed these Mathematics questions