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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?
Average Return
A calculation that represents the typical gain or loss of an investment over a specified period.
Efficiency
The ability of an entity or system to achieve its goals with the least waste of time, effort, or material resources.
Market Prices
The current value at which an asset or service can be bought or sold in a competitive marketplace.
Historical Information
Data regarding past events, performance, and decisions in a company or market, used for research, analysis, and strategic planning.
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