The Answer is [$71,313,$95,353] Predicted value of y at x = 3000 is 83.333;use t .05/2 , df = 5 = 2.571;std error given (83.333 ± (2.571)(11.547)(√.164))= 83.333 ± (2.571)(11.547)(.4049)= 83.333 ± 12.020

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Regression Analysis

question 1

Essay

Regression analysis. A local grocery store wants to predict its daily sales in dollars.The manager believes that the amount of newspaper advertising significantly affects sales.He randomly selects 7 days of data consisting of daily grocery store sales (in thousands of dollars)and advertising expenditures (in thousands of dollars).The Excel/MegaStat output given above summarizes the results of the regression model.Determine a 95 percent confidence interval estimate of the daily average store sales based on $3,000 advertising expenditures.The distance value for this particular prediction is reported as .164.

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Organisational Leadership

Organisational Leadership is the ability to influence, motivate, and enable individuals to contribute towards the effectiveness and success of the organizations of which they are members.

Multicultural Organisation

Based on pluralism and operates with respect for diversity.

Female Managers

Women who hold management positions within organizations, overseeing operations and making strategic decisions.

Senior Citizens

Individuals of an older age, usually defined as people of retirement age, typically 65 years or older, who may qualify for certain benefits and considerations.