TABLE 16-8
the President of a Chain of Department Stores

question 69

Short Answer

TABLE 16-8
The president of a chain of department stores believes that her stores' total sales have been showing a linear trend since 1980. She uses Microsoft Excel to obtain the partial output below. The dependent variable is sales (in millions of dollars), while the independent variable is coded years, where 1980 is coded as 0, 1981 is coded as 1, etc.
SUMMARY OUTPUT
$\begin{array}{lr}\text { Regression Statistics } & \\\text { Multiple R } & 0.604 \\\text { RSquare } & 0.365 \\\text { Adjusted R Square } & 0.316 \\\text { Standard Error } & 4.800 \\\text { Observations } & 17\end{array}$

$\begin{array}{lc} & \text { Coefficients } \\\text { Intercept } & 31.2 \\\text { Coded Year } & 0.78\end{array}$

-Referring to Table 16-8, the forecast for sales (in millions of dollars) in 2005 is ______.

---

Definitions:

Endorse Tolerance

Promoting acceptance and open-mindedness towards opinions, practices, or traits that are different from one's own.

Higher Levels of Empathy

Describes individuals who possess an above-average capacity to understand and share the feelings of others.

Genetic Component

The part of a trait, behavior, or condition that is influenced by genes inherited from one's parents.

Non Human Animals

This term refers to all animal species that are not human, highlighting the diversity of the animal kingdom.