Examlex

Solved

TABLE 16-8
the President of a Chain of Department Stores  SUMMARY OUTPUT \text { SUMMARY OUTPUT }

question 192

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 \text { SUMMARY OUTPUT }

 Regression Statistics  Multiple R 0.604 RSquare 0.365 Adjusted R Square 0.316 Standard Error 4.800 Obervations 17\begin{array}{l}\text { Regression Statistics }\\\begin{array}{lr}\text { Multiple R } & 0.604 \\\text { RSquare } & 0.365 \\\text { Adjusted R Square } & 0.316 \\\text { Standard Error } & 4.800 \\\text { Obervations } & 17\end{array}\end{array}

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


-Referring to Table 16-8, the fitted trend value (in millions of dollars) for 1980 is______ .


Definitions:

Lowercase

Referring to the smaller form of letters in certain alphabets, not capitalized.

Parallel Arrays

Two or more arrays that are used together, where corresponding elements in each array are related in some way, often used to store related data.

Same Subscript Value

A situation where different array elements are accessed using the identical index number.

Arrays Of Structures

A data structure in C and C++ that allows storing multiple instances of structs in an array format.

Related Questions