Examlex

Solved

Instruction 14-13
the Manager of a Marketing Consulting Firm Has

question 3

Short Answer

Instruction 14-13
The manager of a marketing consulting firm has been examining his company's yearly profits.He believes that these profits have been showing a quadratic trend since 1990.He uses Microsoft Excel to obtain the partial output below.The dependent variable is profit (in thousands of dollars),while the independent variables are coded years and squared of coded years,where 1990 is coded as 0,1991 is coded as 1,etc.
SUMMARY OUTPUT
Regression Statistics
 Multiple R 0.998 R Square 0.996 Adjusted R Square 0.996 Standard Error 4.996 Observations 17\begin{array} { l r } \text { Multiple R } & 0.998 \\ \text { R Square } & 0.996 \\ \text { Adjusted R Square } & 0.996 \\ \text { Standard Error } & 4.996 \\ \text { Observations } & 17 \end{array}
\quad\quad\quad\quad\quad\quad\quad Coefficients
Intercept 35.5\quad\quad\quad\quad\quad 35.5
Coded Year 0.45\quad\quad\quad\quad 0.45
 Year Squared 1.00\begin{array} { l l } \text { Year Squared } & 1.00 \end{array}
-Referring to Instruction 14-13,the fitted value for 1990 is ________.

Identify effective monitoring techniques and information recording for group work.
Familiarize with various strategies for obtaining program information for group planning.
Acknowledge the significance and selection of measurement tools in evaluating group work.
Comprehend the role of both workers and members in data collection and monitoring.

Definitions:

Undated

Not having a specified date, which can pertain to documents, events, or items that lack a temporal reference.

Nonnegotiable

Referring to an instrument, term, or condition that cannot be transferred or altered by agreement between the parties involved.

Maker

The party in a financial instrument, like a check or promissory note, who is responsible for the payment of the amount specified.

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, and to a specific person or bearer.

Related Questions