Below you are given a computer output based on a sample of 30 days of the price of a company's stock (Y in dollars),the Dow Jones industrial average (X1),and the stock price of the company's major competitor (X2 in dollars).
a.Use the output shown above and write an equation that can be used to predict the price of the stock.
b.If the Dow Jones Industrial Average is 10,000 and the price of the competitor is $50,what would you expect the price of the stock to be?
c.At = 0.05,test to determine if the Dow Jones average is a significant variable.
d.At = 0.05,test to determine if the stock price of the major competitor is a significant variable.
Definitions:
E-Business
The conduct of business processes on the internet, including buying and selling products, servicing customers, and collaborating with partners.
Cloud-Hosted Resources
Services, applications, or data storage facilities that are provided and accessed over the internet and maintained on remote servers.
B2B Transactions
Business-to-business dealings that involve the exchange of goods, services, or information between companies rather than between companies and consumers.
Chemical Supply Company
A business that specializes in the distribution of chemicals for industrial, research, or consumer use.
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