TABLE 16-7 The Executive Vice-President of a Drug Manufacturing Firm Believes That

question 136

Short Answer

TABLE 16-7
The executive vice-president of a drug manufacturing firm believes that the demand for the firm's most popular drug has been evidencing an exponential trend since 1995. She uses Microsoft Excel to obtain the partial output below. The dependent variable is the log base 10 of the demand for the drug, while the independent variable is years, where 1995 is coded as 0, 1996 is coded as 1, etc.
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.996
R Square 0.992
Adjusted R Square 0.991
Standard Error 0.02831
Observations 12
Coefficients
Intercept 1.44
Coded Year 0.068
-Referring to Table 16-7, the fitted trend value for 2000 is ________.

---

Definitions:

Z

A statistical measure used in the context of standard deviations to describe the position of a raw score in relation to the mean of a group of scores.

Sex-Linked Traits

Characteristics determined by genes located on the sex chromosomes, often leading to traits that differ between males and females.

Offspring

The product of reproduction of a new organism produced by one or more parents.

Genes

Units of heredity made up of DNA that influence characteristics and are passed from parents to offspring.