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
Coefficients
Intercept
Coded Year
-Referring to Instruction 14-13,the forecast for profits in 2010 is ________.
Correct Answer:
Verified
Q127: Instruction 14-19
The number of train passengers arriving
Q128: Instruction 14-13
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The executive vice-president of a
Q130: Instruction 14-13
The manager of a marketing
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The number of train passengers arriving
Q133: Instruction 14-13
The manager of a marketing
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The executive vice-president of a
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The number of train passengers arriving
Q136: Instruction 14-19
The number of train passengers arriving
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