Peoples Energy, Inc. reports the following data for operating revenue and net income for 20012005. Determine the

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Peoples Energy, Inc. reports the following data for operating revenue and net income for 2001€“2005.

Determine the least-squares regression line and interpret its slope. Estimate the net income if the operating revenue figure is $2500 million.

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Introduction To Business Statistics

ISBN: 9781111524081

7th Edition

Authors: Ronald M. Weiers

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Question Posted: Sep 08, 2015 07:34 AM

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Peoples Energy, Inc. reports the following data for operating revenue and net income for 20012005. Determine the

Question:

x Operating Revenue (Millions) 2270.2 1482.5 2138.4 2260.2 2600.0 y = Net Income (Millions) 96.9 89.1 103.9 81.6 78.1 Year 2001 2002 2003 2004 2005

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The least squares regression analysis below is generated using Minitab Regression Analysis Income ve...View the full answer

Introduction To Business Statistics

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