Why is it not recommended to make predictions outside the range of the sample data on which
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
You should not make predictions outside the range of the sample data on wh...View the full answer
Answered By
Muhammad Ahtsham Shabbir
I am a professional freelance writer with more than 7 years’ experience in academic writing. I have a Bachelor`s Degree in Commerce and Master's Degree in Computer Science. I can provide my services in various subjects.
I have professional excellent skills in Microsoft ® Office packages such as Microsoft ® Word, Microsoft ® Excel, and Microsoft ® PowerPoint. Moreover, I have excellent research skills and outstanding analytical and critical thinking skills; a combination that I apply in every paper I handle.
I am conversant with the various citation styles, among them; APA, MLA, Chicago, Havard, and AMA. I also strive to deliver the best to my clients and in a timely manner.My work is always 100% original. I honestly understand the concern of plagiarism and its consequences. As such, I ensure that I check the assignment for any plagiarism before submission.
4.80+
392+ Reviews
587+ Question Solved
Related Book For
Analyzing Data And Making Decisions Statistics For Business Microsoft Excel 2010 Updated
ISBN: 9780132924962
2nd Edition
Authors: Judith Skuce
Question Posted:
Students also viewed these Statistics questions
-
Why is it not possible to use sonar (sound waves) to determine the speed of an object traveling faster than the speed of sound?
-
Why is it not necessary to model activities such as entering information about customers or suppliers, mailing invoices to customers, and recording invoices received from suppliers as events in an...
-
Why is it not possible for a cost management system to simply be "pulled off the shelf"?
-
The following inventory information is available for Ricci Manufacturing Corporation for the year ended December 31, 2017: Beginning Ending Inventories: Raw materials Work in process Finished goods...
-
Calculate the gross payments involved and indicate who pays what in this swap deal.
-
Mike's gross yearly income is $ 6 6 , 9 9 0 . He is single with no children, and his tax deductible purchases are: Charitable contributions: $ 2 , 2 4 9 Mortgage Interest: $ 2 , 1 0 1 Student Loans:...
-
Construct a binomial tree \(\left(u=\frac{1}{d} ight)\) with three quarters for an asset with present value \(\$ 100\). If \(r=0.1\) and \(\sigma=0.4\), using the tree compute the prices of: (a) A...
-
You are a management consultant for a 30-year old partner in a large law firm. In a meeting, your client says: According to an article in the New York Times, 57 percent of large law firms have a...
-
What single trade discount is equivalent to the series of trade discounts 14%, 9% and 5%? Enter your answer in the blank as a percent, rounded to 2 decimal places and including the percent sign.
-
For each of the following, review the data in the images below and identify the (1) delimiter and (2) the qualifier (if applicable). Is an asset ID a good data field to use as a unique identifier in...
-
If appropriate, create a 98% interval estimate to predict the test score of a student with an overall average mark of 75, based on the data set describe in Exercise 20. Do you think the company...
-
Why should you think carefully about any obvious outlier in the sample data set for a regression relationship, rather than simply removing it?
-
On a cold morning the probability is .02 that a given car will not start in the small town of Eureka. Assume that 1,500 cars are started each cold morning. (a) What is the probability that at least...
-
Explain why culture is an effective tool for the management of change? If you were the CEO of a Co.opmart, what specific steps would you take for change towards a greener business, which is more...
-
List a popular belief held by the public related to criminal justice that is a 'myth". Explain why it is a 'myth' and the impact the "myth" might have ?
-
Criminal Law Defenses hows about responses 3 more sentence for each um.. At common law, infancy was a defense for certain crimes. A child under seven was conclusively presumed to be incapable of form...
-
Why are your miranda rights important in a situation when you are being arrested? Review the newOERcint
-
Rondo and his business associate, Larry, are considering forming a business entity called R&L , but they are unsure about whether to form it as a C corporation, an S corporation, or an LLC taxed as a...
-
If $1000 is invested in an account that pays 5% compounded annually, the total amount, A(t), in the account after t years is a. Find the average rate of change per year of the total amount in the...
-
On January 1, 2018, Khalid Ltd., which follows IAS 17, entered into an eight-year lease agreement for three dryers. Annual lease payments for the equipment are $28,500 at the beginning of each lease...
-
The five-number summary for the ages of 100 respondents to a survey on cell phone use looks like this: Are there any outliers in these data? How can you tell? What might your next steps in the...
-
Are the following data time series? If not, explain why. a) Quarterly earnings of Microsoft Corp. b) Unemployment in August 2010 by education level. c) Time spent in training by workers in NewCo. d)...
-
Are the following data time series? If not, explain why. a) Reports from the Bureau of Labor Statistics on the number of U.S. adults who are employed full time in each major sector of the economy. b)...
-
A representative household maximizes. where . BlogC1+i) j=0 Ct+j+kt+j (3) (4) Note that the second term of the right-hand side of the equation is expressed by not Kt+j-1 but Kt+j-2. In other words,...
-
Two parallel plates 15 cm on a side are given equal and opposite charges of magnitude 5.5 x 10-9 C. The plates are 3.5 mm apart. What is the potential difference between the plates (in V)? (Enter the...
-
The equipotential lines in a region of electric field are shown in the diagram below. For each path indicated below, what is the work do by the electric field in moving a charge q = +7.5 x 107 C...
Study smarter with the SolutionInn App