Demographic Variables and TV Narrative

question 46

Essay

Demographic Variables and TV Narrative
A statistician wanted to determine if the demographic variables of age, education, and income influence the number of hours of television watched per week. A random sample of 25 adults was selected to estimate the multiple regression model: , where y is the number of hours of television watched last week, is the age (in years), is the number of years of education, and is income (in $1000s). The computer output is shown below.
The regression equation is S = 4.51 R-Sq = 34.8%
Analysis of Variance
-Refer to Eating Habits of Canadians. Use the printout to find a 95% confidence interval for the average beef consumption per family of three in 2005. What is the 95% prediction interval for the beef consumption per family of three in 2005? Is there any with the validity of the 95% confidence level for these intervals?

---

Definitions:

Preferred Shares

Preferred shares represent ownership in a company with preferential rights to dividends and assets upon liquidation, compared to common shares.

Doctrine of Ultra Vires

A principle stating that actions taken by a corporation that are beyond its legal power or authority are invalid.

Duty of Loyalty

An obligation to act in the best interest of another party, typically in fiduciary relationships.

Corporate Opportunity

A legal doctrine that prohibits directors, officers, and controlling shareholders of a corporation from taking a business opportunity for themselves that rightfully belongs to the corporation.