1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
serious [3.7K]
4 years ago
10

A substance used in biological and medical research is shipped by air-freight to users in cartons of 1,000 ampules. The data bel

ow, involving 10 shipments, were collected on the number of times the carton was transferred from one aircraft to another over the shipment route (X) and the number of ampules found to be broken upon arrival (Y). Assume that first-order regression model is appropriate.
i. 1 2 3 4 5 6 7 8 9 10

Xi. 1 0 2 0 3 1 0 1 2 0

Yi. 16 9 17 12 22 13 8 15 19 11

a. Obtain the estimated regression function. Plot the estimated regression function and the data. Does a linear regression function appear to give a good fit here?

b. Obtain a point estimate of the expected number of broken ampules when X = 1 transfer is made.

c. Estimate the increase in the expected number of ampules broken when there are 2 transfers as compared to 1 transfer.

d. Verify that your fitted regression line goes through the point (X bar, Y bar)

e. Calcuate s.

f. Test the hypothesis that beta1=0, using alpha=0.05.

Business
1 answer:
Gnoma [55]4 years ago
3 0

Answer:

a)  y = 10 + 4x and see attached for part ii.

b) y = 14.

c) y = 18

d) Please see attached diagram

mean(x) = 1 and mean(y) = 14.2.. Mean is the same as bar(x) and bar(y) respectively

e,i)

s(b0) = 0.6633

s(b1) = 0.4690

f)  H0: b1 = 0

   H1: b1 ≠ 0

We conduct a t - test and arrived at

t = 8.528785

p-value = 6.613545e-06

@ alpha = 5%.

The test is significant, therefore, we reject the null hypothesis.

Explanation:

a) We fit the regression equation. The Y is dependent variable and X is the independent variable. After fitting, we obtained

y = 10 + 4x

And we fit the line of regression as shown in the attached.

b) We are to substitute x = 1 into the regression equation obtained. This is;

===>   y = 10 + 4*1 = 14

c) When x= 2, we have;

===>   y = 10 + 4*2 = 18

d) We just need to plot the outcome of the model. Although we also show the value of bar(x) and bar(y). See attached (4 in 1 plots) for the plot.

e) The s is the sample standard deviation, which we can also call standard error.

s(b0) = 0.6633

s(b1) = 0.4690

f) Last we conducted the test,

t = b1-b/S(b1) =  (4 - 0)/ 0.4690 = 8.528785

The p-values of (t = 8.528785) = 6.613545e-06 which < 0.05. Therefore, we reject H0.

You might be interested in
Kelvie Inc. is a manufacturing company and held the following investments during 2012. Show how each investment would impact/cha
Lynna [10]

Answer:

Explanation:

     Investments               Impact in                                 Type of activity

                                                  financial statement

1 Purchase of Mao &Co's          Increase the investments       Investing

bond of $ 100,000                    in Balance sheet           activity

Cost of bond $ 95788           Debit to the investments

                                                  account $ 95,788  

Annual interest on                    Credit to the income account  

  Bond of $ 5000                      - interest income  

No impact of fair market value

in financial statement

 

2 Purchase of 6000             Debit $ 255,000 to the        Investing activity

shares of Dalton ltd            investment account

Receipt of dividend             Credit $ 12,000 to the

                                                   dividend income account  

3 Acquisition of 30%               Debit $ 21,500,000 to the     Investing activity

ASP's outstanding stock  investment account

Receipt of dividend           Credit $ 1,000,000 to the

                                                 dividend income account

7 0
3 years ago
TrueBlue uses an evaluation form for sales reps which lists several specific behaviors, such as "follows up on customer leads" a
Damm [24]

Answer:

True

Explanation:

The term business operating system (BOS) refers the to standard, enterprise-wide collection of business processes that are used in many diversified industrial companies.

It refers to a collection of the business processes that can be used to boost the efficiency of each function of the business. It includes the fundamental framework, policies and routines which are needed to operate and grow a business.

It has been adopted by companies like; The Lego Group, Toyota Motor Corporation and The Boeing Company.

8 0
3 years ago
Assume that the real risk-free rate is 2% and that the maturity risk premium is zero. If a 1-year Treasury bond yield is 7% and
Alex Ar [27]

Answer:

interest rate =  9.01%

Explanation:

given data

real risk-free rate = 2%

maturity risk premium =  zero

year 1 Treasury bond yield r1 = 7%

year 2 Treasury bond yield r2 = 8%

solution

we get here year 1 interest rate expected for year 2 is that is express as

interest rate = \frac{(1+r2)^2}{(1+r1)} -1  

interest rate = \frac{(1+0.08)^2}{(1+0.07)} -1

interest rate = 1.090093 - 1  

interest rate =  9.01%

3 0
3 years ago
every spring, motorists do more driving than during the winter months. every spring, the price of gasoline increases and the mot
Vladimir [108]
Demand is driving up the price
5 0
3 years ago
How are school rules similar to state and federal laws? What would the typical American high school be like if there were no rul
Strike441 [17]
School rules are similar to federal laws because they both (try) to restrict people from doing harmful or bad things. A typical American high school with out rules, or any consequences for breaking them  would be anarchy. Kids could bully one another, fight each other, ruin school property with spray paint, fire, etc. They also might not do their homework, or school work in general. It depends on the kid with out rules. Some kids might go crazy, some kids might stay calm and collected.
3 0
3 years ago
Other questions:
  • Baseball's increasing global popularity may be attributed to
    5·1 answer
  • List three disadvantages to sole proprietorships.
    7·1 answer
  • Cold Boxes Ltd. has 100 bonds outstanding (maturity value = $1,000). The nominal required rate of return on these bonds is curre
    15·1 answer
  • Merchants Credit Union has decided that tellers must rotate through a new weekend shift on Saturday afternoons because several o
    11·1 answer
  • Brevard Industries produces two products. Information about the products is as follows: Product 1 Product 2 Units produced and s
    7·1 answer
  • National income accountants can avoid multiple counting by1. only counting intermediate goods. 2. only counting final goods.3. i
    9·1 answer
  • The valuation allowance account that is used in conjunction with deferred taxes relates:
    10·1 answer
  • Show instructions
    6·1 answer
  • Which of the following will be accomplished by efficient allocations of the factors of production?
    10·1 answer
  • If a certain household earns and spends $24,000 per year and, on the average, holds a money balance of $6,000, then the velocity
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!