Instruction 14-12
the Executive Vice-President of a Drug Manufacturing Firm

question 146

Short Answer

Instruction 14-12
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
$\begin{array} { l r } \text { Multiple R } & 0.996 \\ \text { R Square } & 0.992 \\ \text { Adjusted R Square } & 0.991 \\ \text { Standard Error } & 0.02831 \end{array}$
Observations $\quad \quad \quad \quad \quad \quad \quad \quad$ 12
$\quad \quad \quad \quad \quad \quad$ Coefficients
$\begin{array} { l r } \text { Intercept } & 1.44 \\ \text { Coded Year } & 0.068 \end{array}$
-Referring to Instruction 14-12,the forecast for the demand in 2012 is ________.

---

Definitions:

Denver Region

A geographic area in the United States known for its high elevation, situated near the Rocky Mountains.

Lithified

The process through which sediment consolidates into solid rock, typically through compaction and cementation.

Photograph

An image created by capturing light on a light-sensitive surface, typically through a camera, representing a visual moment in time.

Landscape Features

Natural or human-made formations on the Earth's surface, such as mountains, rivers, and valleys, that define an area's topography.