TABLE 16-9
the Executive Vice-President of a Drug Manufacturing Firm

question 190

Short Answer

TABLE 16-9
The executive vice-president of a drug manufacturing firm believes that the demand for the firm's most popular drug has been evidencing an exponential trend since 1985. She uses Microsoft Excel to obtain the partial output below. The dependent variable is the log base 10 of the demand for the drug, while the independent variable is years, where 1985 is coded as 0, 1986 is coded as 1, etc.
SUMMARY OUTPUT

$\begin{array} { l r }\text { Regression Statistics}\\ \text { Multiple R } & 0.996 \\ \text { R Square } & 0.992 \\ \text { Adjusted R Square } & 0.991 \\ \text { Standard Error } & 0.02831 \\ \text { Observations } & 12 \end{array}$

$\begin{array}{lc} & \text { Coefficients } \\\text { Intercept } & 1.44 \\\text { Coded Year } & 0.068\end{array}$
-Referring to Table 16-9, the forecast for the demand in 1999 is_____ .

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Definitions:

Conservation Tasks

Cognitive tests used in developmental psychology that measure a child's ability to understand that certain properties of objects can remain the same despite changes in the object's form or appearance.

A-not-B Effect

A cognitive error observed in infants, where they repeatedly reach for an object at a place (A) where it was previously found, even after seeing it moved to a new location (B).

A-not-B Effect

A cognitive error observed in infants, where they will repeatedly reach for an object at a location (A) where it was previously found, despite seeing it moved to a new location (B).

Demonstrate

To show or prove something clearly through evidence or arguments.