Examlex

Solved

The Owner of an Air Conditioner Business Wants to Investigate

question 82

Short Answer

The owner of an air conditioner business wants to investigate the relationship between the weekly number of air conditioners sold, temperature and the seasons of the year.
A random sample of 14 weeks is taken, with the average temperature of that week (in degrees Celsius) and the quarter from which that week belonged, noted.
There are three indicator variables, March, September and December.
Excel is used to generate the following multiple linear regression output.  SUMMARY OUTPUT  Regression Statistics  Multiple R 0.99 R Square 0.97 Adjusted RSquare 0.96 Standard Error 4.54 Observations 14.00 ANOVA  df SSMSF Significance  Regression 4.006999.271749.8284.860.00 Residual 9.00185.5820.62 Total 13.007184.86 Coefficients  Standard  Error  tStat  P-value  Lower 95%  Upper 95% Intercept 17.948.542.100.0737.271.38 Temperature 1.000.352.840.020.201.79 March 1.014.600.220.839.3911.40 September 7.225.581.290.235.4019.84 Deomber 27.876.554.260.0013.0642.68\begin{array}{|l|r|r|r|r|r|c|}\hline \text { SUMMARY OUTPUT } & \\\hline \text { Regression Statistics } & \\\hline \text { Multiple R } & 0.99 \\\hline \text { R Square } & 0.97 \\\hline \text { Adjusted RSquare } & 0.96 \\\hline \text { Standard Error } & 4.54 \\\hline \text { Observations } & 14.00 \\\hline\\\hline \text { ANOVA }\\\hline &{\text { df }} &{SS} &MS & F& {\text { Significance }} \\\hline \text { Regression } & 4.00 & 6999.27 & 1749.82 & 84.86 & 0.00 \\\hline \text { Residual } & 9.00 & 185.58 & 20.62 & & \\\hline \text { Total } & 13.00 & 7184.86 & & & \\\hline\\\hline & \text { Coefficients } & \begin{array}{c}\text { Standard } \\\text { Error }\end{array} & \text { tStat } & \text { P-value } & \text { Lower 95\% } & \begin{array}{c}\text { Upper } \\95 \%\end{array} \\\hline \text { Intercept } & -17.94 & 8.54 & -2.10 & 0.07 & -37.27 & 1.38 \\\hline \text { Temperature } & 1.00 & 0.35 & 2.84 & 0.02 & 0.20 & 1.79 \\\hline \text { March } & 1.01 & 4.60 & 0.22 & 0.83 & -9.39 & 11.40 \\\hline \text { September } & 7.22 & 5.58 & 1.29 & 0.23 & -5.40 & 19.84 \\\hline \text { Deomber } & 27.87 & 6.55 & 4.26 & 0.00 & 13.06 & 42.68 \\\hline\end{array} Using the p-values from Excel, state which of the quarters are statistically significant at α of 5%.

Identify the role of the iris, pupil, and lens in controlling the amount of light that enters the eye.
Explain the neural pathway of visual information from the retina to the brain.
Understand the distinction and function of rods and cones in the retina.
Comprehend the basic principles of color vision, including the theories of color vision.

Definitions:

B Vitamins

A group of essential nutrients that play a role in cell metabolism and the synthesis of red blood cells.

Furosemide (Lasix)

A diuretic medication used to treat fluid retention and swelling caused by heart failure, liver disease, or kidney disease.

Potassium

An essential mineral and electrolyte necessary for the function of nerves and muscles, including the heart.

Preschool-Age Child

Refers to children who are in the age range of 3 to 5 years old, just before they enter the formal school system, emphasizing the importance of early childhood development and education during these formative years.

Related Questions