Shown below is the Excel output for a regression analysis to predict the number of business bankruptcy
Question:
Transcribed Image Text:
SUMMARY OUTPUT Regression Statistics Multiple F R Square Adjusted R Square Standard Error Observations 0.529 0.280 0.228 8179.84 ANOVA Significance MS 364069877.4 66909812.8 df 1 364069877.4 14 936737379.6 1300807257 0.0351 Regression Residual Total 5.44 15 Coefficients 75532.43621 -0.01574 Standard Error 4980.08791 0.00675 t Stat P-value 15.17 0.0000 2.33 0.0351 Intercept Year RESIDUAL OUTPUT Predicted Bus Bankruptcies Observation Residuals 70638.58 71024.28 71054.61 70161.99 68462.72 67733.25 66882.45 65834.05 64230.61 61801.70 61354.16 62738.76 63249.36 61767.01 57826.69 54283.80 -1338.6 8588.3 7050.6 1115.0 12772.3 14712.8 -3029.4 2599.1 622.4 9747.3 9288.8 -434.8 4 6 8 12 13 14 15 -10875.4 9808.0 -4277.7 256.8
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
The model is Bankruptcies 75532436 0016 Year Since R 2 28 and the adjusted R 2 23 this is a weak mod...View the full answer
Answered By
Rinki Devi
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions.
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students.
I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and helped them achieve great subject knowledge.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
Question Posted:
Students also viewed these Statistics questions
-
Shown on the following page is the Excel output for a regression analysis to predict the number of business bankruptcy filings over a 16-year period by the number of consumer bankruptcy filings. How...
-
In Exercise 9.19, we give computer output for a regression line to predict the number of Facebook friends a student will have, based on a normalized score of the grey matter density in the areas of...
-
The Bhaskara Corporation used regression analysis to predict the annual cost of indirect materials. The results were as follows: Intercept coefficient Standard error of Y estimate 2 Number of...
-
Reply as to whether you believe the following statements are correct (C) or incorrect (I) concerning PPS sampling. a. The size of a PPS sample is not based on the estimated variation of audited...
-
Organizing labor unions may be easier in some industries than in others. What industry characteristics make unionization easy?
-
Explain the difference between an optimum currency area and a fixed exchange rate system.
-
This exercise considers nursing home data provided by theWisconsin Department of Health and Family Services (DHFS).The State of Wisconsin Medicaid program funds nursing home care for individuals...
-
On January 1, 2016, Palo Company acquires 80% of the outstanding common stock of Sheila Company for $700,000. On January 1, 2018, Sheila Company sells 25,000 shares of common stock to the public at...
-
Suppose that a bushel of wool could be traded for a barrel of wine, one-for-one, on the international market. Draw a diagram illustrating the original situation, and this new situation, with wool on...
-
Using the information provided in BE 9- 17, prepare the journal entry to record Nicks Incorporateds sale of accounts receivable to FF, assuming that the receivables are factored with recourse and can...
-
The purchasing-power value figures for the minimum wage in dollars for the years 1 through 18 are shown here. Use these data and exponential smoothing to develop forecasts for the years 2 through 18....
-
The Board of Governors of the Federal Reserve System publishes data on mortgage debt outstanding by type of property and holder. The following data give the amounts of residential nonfarm debt (in $...
-
A producer of copper tubing has found that, on the average, five flaws occur per 2000 feet of tubing. The tubing is sold in continuous rolls of 200 feet each. What is the probability that a randomly...
-
Watches vary in price by a factor of over 10,000. I have a very cheap watch which I like because it has a stopwatch and is waterproof, so I can swim with it. It is extremely accurate and if I lose it...
-
Here is a little design exercise. You have acquired the rights to market a new biopolymer one made from a fast-growing, prolific, crop. What are you going to call it? The name should carry the right...
-
Each of these mice is designed to fill a particular niche in the mouse-market. Apply the method of product analysis outlined in the previous exercise to explain the designers choices of materials,...
-
A process is sought to make the rocker arm shown here. It is to be made from and aluminiumsilicon alloy. The shape is 3-D solid. The expected production run (batch size) is 2000. It weight about 1...
-
A \(0.350-\mathrm{kg}\) aluminum calorimeter contains \(0.110 \mathrm{~kg}\) of water, and both are at room temperature \(\left(20.0^{\circ} \mathrm{C} ight)\). A \(0.280-\mathrm{kg}\) block of lead...
-
Differentiate the function. F(t) = ln (2t + 1) 3 /(3t 1) 4
-
Prepare a stock card using the following information A company is registered for GST which it pays quarterly, assume GST was last paid on the 30th of June 2019. It uses weighted average cost...
-
\(50 \mathrm{~m}^{3}\) of air at \(18^{\circ} \mathrm{C}\) DBT and \(12^{\circ} \mathrm{C}\) WBT are mixed with \(20 \mathrm{~m}^{3}\) of dry air at \(32^{\circ} \mathrm{C}\) DBT and \(24^{\circ}...
-
The article Trial Lawyers and Testosterone: Blue-Collar Talent in a White-Collar World (Journal of Applied Social Psychology [1998]: 84 94) compared trial lawyers and nontrial lawyers on the basis of...
-
In a study of memory recall, eight students from a large psychology class were selected at random and given 10 minutes to memorize a list of 20 nonsense words. Each was asked to list as many of the...
-
The accompanying data on food intake (in Kcal) for 15 men on the day following two nights of only 4 hours of sleep each night and for 15 men on the day following two nights of 8 hours of sleep each...
-
The highest WACC is 11%, the baseline WACC is 7.4% and lowest WACCS is 2.8%. To derive a WACC that better accounts for extreme scenarios, you decide to assign the following probability weights: High-...
-
Give 2 examples of the ff: Statutory law Regulatory law Common law Include the title of each example and explain why you chose these examples ( 1 to 2 sentences ) . Note: Write your reference ( s )
-
The Adams family includes a financially well-informed couple, both aged 36, and two children aged 4 and 6. The family is financially sound but suffered badly during the tech meltdown in 2000. The...
Study smarter with the SolutionInn App