TABLE 13-11 A Computer Software Developer Would Like to Use the Number

question 99

Short Answer

TABLE 13-11
A computer software developer would like to use the number of downloads (in thousands) for the trial version of his new shareware to predict the amount of revenue (in thousands of dollars) he can make on the full version of the new shareware. Following is the output from a simple linear regression along with the residual plot and normal probability plot obtained from a data set of 30 different sharewares that he has developed:



-Referring to Table 13-11, what is the standard deviation around the regression line?

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Definitions:

Federal Mediation

Involves intervention by a government agency to facilitate negotiation between conflicting parties, such as in labor disputes, to reach an agreement.

Taft-Hartley Act

A 1947 U.S. federal law that restricted the activities and power of labor unions, formally known as the Labor Management Relations Act.

Mandatory Mediation

A required process where a neutral third party helps disputing parties to reach a voluntary agreement on their conflict.

EEOC

The Equal Employment Opportunity Commission, a federal agency that enforces laws prohibiting workplace discrimination in the United States.