Bus 308 Final Assignment

FINAL ASSIGNMENT PART I: 1. Calculate the mean p.a. value using the average petrol prices by calendar month found in the Final Project Data Set. blood line 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 course of studyly mean as your y-axis, create a scatterplot and a analog retroversion line. 3. Answer the following questions using your scatterplot and additive arrested development line: * What is the slope of the running(a) regression line? M= 0.0647 * What is the Y-intercept of the linear 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 * fore on the linear regression line, what would be an estimated cost of swash 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 in spite of appearance the range of the linear regression line or is it an outlier? Is it within the bureau legal separation of 5% or either end? $3.42 It is not within the linear regression line, it would be considered an outlier and out of the range of the reliance interval. PART II: Imagine that you are a motorbus at a delivery service and you are creating a report to project the effects on your company of farm gas prices in the next ten years. Using the front end statist ical analysis as your basis and outside vi! tal resources to...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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