Question

Question 2 Part (a) Please state your current major (or the area of business, e.g., finance,...

Question 2

Part (a)
Please state your current major (or the area of business, e.g., finance, marketing, human resources, you plan to go into if it is different from your current major).

Part (b)
From the area of business you stated above, identify a relationship between variables that can be estimated with a linear regression. Specifically, you need to:
- state the dependent variable
- state one independent variable that could explain why the dependent variable changes
- state whether you think that independent variable will have a positive or a negative impact on the dependent variable and explain your answer.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Find at least two examples of the relationship in business (or appropriate to you major) data...
Find at least two examples of the relationship in business (or appropriate to you major) data and explain whether the relations there should be linear or non-linear. At least one of the examples must have more than one input variable. And if the relationship is nonlinear, explain the nature of the relationship (what is underlying reason for the relationship); and what shape of the regression curve may be the best fit. Illustrate your examples with scatter plots (if you use...
Find at least two examples of the relationship in business (or appropriate to you major) data...
Find at least two examples of the relationship in business (or appropriate to you major) data and explain whether the relations there should be linear or non-linear. At least one of the examples must have more than one input variable. And if the relationship is nonlinear, explain the nature of the relationship (what is underlying reason for the relationship); and what shape of the regression curve may be the best fit. Illustrate your examples with scatter plots (if you use...
The topic area you need to consider is pay and performance in Major League Sports. 1)...
The topic area you need to consider is pay and performance in Major League Sports. 1) Purpose Statement In one paragraph, state the correlation and identify the primary independent variables. State the correlation as in the following: “The dependent variable _______ is determined by independent variables ________, _________, ________, and ________.” Identify and defend the “primary” independent variable, or the variable believed to have the strongest impact on the dependent variable: “The most important independent variable in this relationship is...
Applying Simple Linear Regression to Your favorite Data (Please confirm with the instructor the dataset you...
Applying Simple Linear Regression to Your favorite Data (Please confirm with the instructor the dataset you find before you work on this question) Many dependent variables in business serve as the subjects of regression modeling efforts. We list such variables here: Rate of return of a stock Annual unemployment rate Grade point average of an accounting student Gross domestic product of a country Choose one of these dependent variables, or choose some other dependent variable, for which you want to...
Discussion question please respond By Day 3 Post a brief explanation of when an observed correlation...
Discussion question please respond By Day 3 Post a brief explanation of when an observed correlation might represent a true relationship between variables and why. Be specific and provide examples. Below you will see a statement that was sent responding to response 1 how would you respond to response two please proive reference like response 1 this is a discussion. Response 1: If you collect India's steel production data and population of 10 consecutive year it will result in a...
A shoe manufacturer is considering developing a new brand of running shoes. The business problem facing...
A shoe manufacturer is considering developing a new brand of running shoes. The business problem facing the marketing analyst is to determine which variables should be used to predict durability (i.e., the effect of long-term impact). Two independent variables under consideration are X1 (FOREIMP), a measurement of the forefoot shock-absorbing capability, and X2 (MIDSOLE), a measurement of the change in impact properties over time. The dependent variable Y is LTIMP, a measure of the shoe's durability after a repeated impact...
Data Set Preparation (Using A JMP Folder) Can email you if comment your email. 1. (10...
Data Set Preparation (Using A JMP Folder) Can email you if comment your email. 1. (10 pts.) Using the “Toyota Corolla” data set on Canvas (Home à “JMP” à “(Under: JMP Data Sets folder)”, you will be modeling the “Price” of a car as the dependent variable (Y). Please select one independent variable (X) you think may help explain Price, from the following three: “Age”, “Mileage”, or “Weight” of a car. In the space below, state your choice and explain...
Regression Analysis with a Minitab output Assume that your company owns multiple retail outlets in cities...
Regression Analysis with a Minitab output Assume that your company owns multiple retail outlets in cities across the United States. You conduct a study to determine if daily sales levels (in hundreds of dollars) can be predicted by the number of competitors that are located within a one-mile radius of each location and city population (in thousands of people). Therefore, the dependent variable is SALES and the two independent variables are NUMBER OF COMPETITORS and CITY POPULATION. Your research team...
Question 1: The data table shows the sugar content of a fruit (Sugar) for different numbers...
Question 1: The data table shows the sugar content of a fruit (Sugar) for different numbers of days after picking (Days). Days Sugar 0 7.9 1 12.0 3 9.5 4 11.3 5 11.8 6 10.3 7 4.2 8 0.8 HAND CALCULATIONS: The dependent (Y) variable is sugar content and the independent (X) variable is number of days after picking (Days). Do the following by hand, SHOWING WORK. You may use SAS/R to check your answers if you want. (a) Find...
Foreign Direct Investment and Economic Growth Economic theory suggests that foreign direct investment affect the economic...
Foreign Direct Investment and Economic Growth Economic theory suggests that foreign direct investment affect the economic growth (the growth of the Gross DomesticProduct (GDP)) in developing countries. The objective of this project is to carry out a simple linear regression analysisto examine this theory. Your independent and dependent variables are the growth of the foreign direct investment andthe economic growth (the growth of the Gross Domestic Product (GDP)) respectively. Required Tasks: State the regression model and determine the least squares...