Instruction 14-9
the President of a Chain of Department Stores

question 142

Short Answer

Instruction 14-9
The president of a chain of department stores believes that her stores' total sales have been showing a linear trend since 1980. 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.
$$\begin{array}{l}\text { SUMMAROUIPUT }\\\begin{array} { l l } \text { Regression Statistics } & \\\text { MultipleR } & 0.604 \\\text { R Square } & 0.365 \\\text { Adjusted R Square } & 0.316 \\\text { standard Error } & 4.800 \\\text { Observations } & 17 \\& \\& \text { Coefílients } \\\text { Intercept } & 31.2 \\\text { Coded Year } & 0.78\end{array}\end{array}$$
-Referring to Instruction 14-9,the forecast for sales (in millions of dollars)in 2010 is _______

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Culturally Sensitive

An approach that respects and acknowledges the differences in cultures and adjusts methods and practices to be inclusive and respectful.

Hindu

Relating to Hinduism, a major world religion originating on the Indian subcontinent and comprising several and varied systems of philosophy, belief, and ritual.

Cattle Ranch

A large farm where cattle are raised for milk production, meat (beef), or other products.

Sodium

An essential mineral and electrolyte in the human body, crucial for maintaining fluid balance, nerve function, and muscle contraction.