Essay
Below you are given a computer output based on a sample of 30 days of the price of a company's stock (Y in dollars), the Dow Jones industrial average (X1), and the stock price of the company's major competitor (X2 in dollars).
a.Use the output shown above and write an equation that can be used to predict the price of the stock.
b.If the Dow Jones Industrial Average is 10,000 and the price of the competitor is $50, what would you expect the price of the stock to be?
c.At = 0.05, test to determine if the Dow Jones average is a significant variable.
d.At = 0.05, test to determine if the stock price of the major competitor is a significant variable.
Correct Answer:

Verified
a.
b.$45
c.t = 3; p-value < ....View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
c.t = 3; p-value < ....
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q54: In a situation where the dependent variable
Q92: Exhibit 15-5<br>Below you are given a
Q94: In multiple regression analysis,<br>A)there can be any
Q95: A student used multiple regression analysis to
Q96: A sample of 30 houses that were
Q98: Exhibit 15-6<br>Below you are given a
Q99: Shown below is a partial computer
Q100: A regression analysis involved 8 independent variables
Q101: The estimate of the multiple regression equation
Q102: A variable that cannot be measured in