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| Teaching Since: | Jul 2017 |
| Last Sign in: | 305 Weeks Ago |
| Questions Answered: | 15833 |
| Tutorials Posted: | 15827 |
MBA,PHD, Juris Doctor
Strayer,Devery,Harvard University
Mar-1995 - Mar-2002
Manager Planning
WalMart
Mar-2001 - Feb-2009
Due April 10(Monday)Submit your work in class
Name:

1. (2 Points) describe the two purposes of using a regression analysis in the business decisions.
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2. (2 points) what can you measure if you use a regression analysis?
               a. Pattern            b. Trend               c. Seasonality              d. Irregularity     Â
3. (2 points) take a look at number 1. Interpret 0.5607 (Do not simply say it is a measure of how close the data are to a regression line, and focus on the number)
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4. (2 points) take a look at number 2. What does 15 mean in the table?Â
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5. (2 points) what does an X variable (or Independent variable) in the table above measure?   What does the Y variable in the table measure?
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6. (2 points) take a look at number 3. Interpret 205896 (Do not simply say it is a slope, and focus on the number, and its unit is thousand)
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7. (2 points) take a look at number 4. What does 0.000796 (P-value) indicate in the table?
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8. (2 points) take a look at number 5. Interpret the lower 95% and upper 95% for X Variable at the bottom of the table. What does your interpretation indicate?
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9. (2 points) write a formula for the relationship between X variable and Y variable.
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10. (2 points) explain why we need the formula. For what?
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