Question: only do 17 and 19 show all work please 17. Explain, in your own words, the meaning of the correlation coefficient. Discuss the meaning of


17. Explain, in your own words, the meaning of the correlation coefficient. Discuss the meaning of a negative value of the correlation coefficient 18. What is the difference between a dependent and an independent variable? 19. Give examples of industries that are affected by seasonality. Why would these businesses want to filter out seasonality? 4.44 Lori Cook has developed the following forecasting model: = 36 + 4.32 where = demand for Kool Air conditioners and * = the outside temperature ("F) a. Forecast demand for the Kool Air when the temperature is 70F. b. What is demand when the temperature is 80F? c. What is demand when the temperature is 90F
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
