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

question 21

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
$\begin{array} { l r } \text { Multiple R } & 0.998 \\ \text { R Square } & 0.996 \\ \text { Adjusted R Square } & 0.996 \\ \text { Standard Error } & 4.996 \\ \text { Observations } & 17 \end{array}$
$\quad\quad\quad\quad\quad\quad\quad$ Coefficients
Intercept $\quad\quad\quad\quad\quad 35.5$
Coded Year $\quad\quad\quad\quad 0.45$
$\begin{array} { l l } \text { Year Squared } & 1.00 \end{array}$
-Referring to Instruction 14-13,the forecast for profits in 2010 is ________.

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Definitions:

Object Relations

A psychoanalytic theory focusing on how individuals relate to others and objects in their environment, shaped by early family interactions.

Ideology

A coherent set of beliefs, values, and norms that defines the way a group thinks about the world and their place within it.

Expectations

Beliefs or anticipations about the way events, situations, or behaviors will unfold in the future.

Psychological Dysfunction

Refers to a deviation from typical patterns of emotional, cognitive, or behavioral functioning, which can significantly interfere with an individual's daily life activities and well-being.