TABLE 16-10 The Manager of a Marketing Consulting Firm Has Been Examining

question 54

Short Answer

TABLE 16-10
The manager of a marketing consulting firm has been examining his company's yearly profits. He believes that these profits have been showing a quadratic trend since 1990. He uses Microsoft Excel to obtain the partial output below. The dependent variable is profit (in thousands of dollars), while the independent variables are coded years and squared of coded years, where 1990 is coded as 0, 1991 is coded as 1, etc.
SUMMARY OUTPUT
Regression Statistics

-Referring to Table 16-10, the fitted value for 1995 is ________.

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Definitions:

Expressly Specify

To clearly and specifically state or define terms or conditions within an agreement or document.

Reasonable Mode

pertains to a method or manner of action that is considered fair, sensible, and appropriate under the given circumstances.

Merely Inquiring

Simply asking questions or seeking information without implying further action or commitment.

Constitutes Rejection

Acts or circumstances that are deemed to legally reject or decline an offer or proposal.