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

question 38

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 1990 is ________.

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Definitions:

Social Science Research

The study of society and social relationships through various methods of empirical investigation and critical analysis to develop a body of knowledge about social order and social change.

Scientific Theories

Systematically organized knowledge applicable in a relatively wide variety of circumstances, especially a system of assumptions, accepted principles, and rules of procedure to analyze, predict, or explain the natural phenomena.

Inconsistent Statement

A situation where two or more statements are contradictory, making them unable to be true at the same time.

Truth Values

The attribution of either _true_ or _false_ to propositions, in logic.