Question: Given below are data on the number of business establishments
Given below are data on the number of business establishments (millions) and the self-employment rate (%) released by the Small Business Administration, Office of Advocacy, for a 21-year period of U.S. business activity. Develop a regression model to predict the self-employment rate by the number of business establishments. Use this model to predict the self-employment rate for a year in which there are 7.0 (million) business establishments. Discuss the strength of the regression model. Use these data and the regression model to compute a Durbin-Watson test to determine whether significant autocorrelation is present. Let alpha be.05.
Answer to relevant QuestionsShown here are the consumer price indexes (CPIs) for housing for the years 1990 through 2011 from the Bureau of Labor Statistics Data Web site. Use the data to answer the following questions. a. Compute the 4-year moving ...Shown here are data from the Investment Company Institute on Total Net Assets and Total Number of Shareholder Accounts of money market funds over a period of 27 years. Use these data to develop a regression model to forecast ...Are the following data Poisson distributed? Use α = .05 and the chi-square goodness-of-fit test to answer this question. What is your estimated lambda?Number of Arrivals ... fo0 .......... 281 ......... 172 .......... 113 ...Use the following contingency table to determine whether variable 1 is independent of variable 2. Let α =.01.A national youth organization sells six different kinds of cookies during its annual cookie campaign. A local leader is curious about whether national sales of the six kinds of cookies are uniformly distributed. He randomly ...
Post your question