Monday
July 28, 2014

Homework Help: statistics

Posted by Anonymous on Sunday, November 18, 2012 at 6:06pm.

Question 1

Shown below are rental and leasing revenue

figures for office machinery and equipment in the United

States over a seven-year period according to the U.S. Census Bureau. Use these data to run a linear

regression and then

forecast the rental and leasing revenue for the year 2012.

Year Rental and Leasing ($ millions)

2004 5,860

2005 6,632

2006 7,125

2007 6,000

2008 4,380

2009 3,326

2010 2,642

Stats - MathGuru, Tuesday, August 21, 2012 at 1:38pm

Regression equation is in this format:
predicted y = a + bx
...where a = intercept and b = slope.

Determine the equation, then substitute 2012 for x to find predicted y (forecasting the rental and leasing revenue).

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

statistics - Shown below are rental and leasing revenue figures for office ...
Stats - This assignment requires you to use Excel. In question 1, you will use ...
Algebra 2 - According to the US Census Bureau, the population of the United ...
Algebra 1- 8th Grade - According to the 1990 Census, the population of the ...
8th grade math - According to the U.S. Census Bureau, in 2009 men comprised an ...
math - According to the U.S. Census Bureau in 2009 there were 21,854,374 ...
8th grade - According to the U.S. Census Bureau in 2009 there were 21,854,374 ...
Math - According to the U. S. Census Bureau, the total 2008 U.S. population was ...
college math - Aging in the United States In 2050, about 1 over 5 of the ...
Math/Statistics - According to the U.S. census bureau, the total 2008 U.S. ...

Search
Members