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Elementary,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 352 Weeks Ago, 5 Days Ago |
| Questions Answered: | 20103 |
| Tutorials Posted: | 20155 |
MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Question description
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Question 1(Please see Chart Attached):Â Shown below are rental and leasing revenue figures for office machinery and equipment in the United States over a 7-year period according to the U.S. Census Bureau. Use this data and the regression tool in the data analysis toolpack to run a linear regression. Based on the formula you get from the regression output, answer the following questions:
a) What is the forecast for the rental and leasing revenue for the year 2011?
b) How confident are you in this forecast? Explain your answer by citing the relevant metrics.
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