TABLE 16-6 The President of a Chain of Department Stores Believes That

question 36

Short Answer

TABLE 16-6
The president of a chain of department stores believes that her stores' total sales have been showing a linear trend since 1990. 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 1990 is coded as 0, 1991 is coded as 1, etc.
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.604
R Square 0.365
Adjusted R Square 0.316
Standard Error 4.800
Observations 17
Coefficients
Intercept 31.2
Coded Year 0.78
-Referring to Table 16-6, the fitted trend value (in millions of dollars) for 1995 is ________.

---

Definitions:

Actual IQ Score

The quantified measure of a person's intelligence, as determined by standardized testing.

Substandard Environments

Conditions or places that do not meet the established standards of living or safety, often leading to negative health and social outcomes.

IQ Scores

A measure of a person's intelligence as indicated by an intelligence test, representing a score derived from standardized tests.

Child Gets Older

The process of aging in children, encompassing physical, cognitive, and emotional development over time.