You own a bakery and decide to compare your weekly flour
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Description
1) You own a bakery and decide to compare your weekly flour consumption in pounds (x- variable) and the sales you make in dollars (y-variable) each week. You enter your raw data into Excel and run a simple linear regression. Below are your summary output results.
SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R
Square
Standard
Error
Observations 10
ANOVA
Significance
df SS MS F F
Regression
1
Residual 8
Total 9
Coefficients Standard Error t Stat P- value Lower 95% Upper 95% Lower 95.1 % Upper 95.0%
Intercept
X Variable 1
a) Using the above data, identify...
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Published On:
01/05/2016
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6 page(s)
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896
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you-own-a-bakery-and-decide-to-compare-your-weekly-flour-21.docx
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3,670.37 KB (3.67 MB)
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