Bus 308 Final Assignment

FINAL ASSIGNMENT PART I: 1. Calculate the represent p.a. value using the average petrol prices by calendar month found in the Final Project Data Set. function of study| Yearly Mean| 1982| 1.296| 1983| 1.241| 1984| 1.212| 1985| 1.202| 1986| 0.927| 1987| 0.948| 1988| 0.946| 1989| 1.022| 1990| 1.164| 1991| 1.140| 1992| 1.127| 1993| 1.108| 1994| 1.112| 1995| 1.147| 1996| 1.231| 1997| 1.234| 1998| 1.059| 1999| 1.165| 2000| 1.510| 2001| 1.461| 2002| 1.358| 2003| 1.591| 2004| 1.880| 2005| 2.295| 2006| 2.589| 2007| 2.801| 2008| 3.266| 2009| 2.350| 2010| 2.788| 2011| 3.129| 2. Using the forms as your x-axis and the familyly mean as your y-axis, create a scatterplot and a parallel retroversion line. 3. Answer the following questions using your scatterplot and additive reasoning backward line: * What is the slope of the running(a) regression line? M= 0.0647 * What is the Y- intercept of the running(a) regression line? Y=0.0647(0) + 0.5734=0.5734 * What is the equation of the linear regression line in slope-intercept form? Y=0.0647x + 0.5734 * place on the linear regression line, what would be an estimated cost of botch in the year 2020? Y=0.

0647(20) + 0.5734=1.294 + 0.5734=1.8674 $1.87 * What are the residuals of each year? * Select a current price that you have seen or paid recently for gas. Is that price inside the range of the linear regression line or is it an outlier? Is it within the bureau insulation of 5% or either end? $3.42 It is not within the linear regressi! on line, it would be considered an outlier and out of the range of the potency interval. PART II: Imagine that you are a carriage at a delivery service and you are creating a report to project the effects on your company of get hold gas prices in the next ten years. Using the foregoing statistical analysis as your basis and outside circumstantial resources to...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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