Before beginning a new and costly advertising campaign, Starbucks would like to know how best to target their demographic. One of the connections they are interested in investigating is the relationship between gender and coffee consumption in college students. A random sample of 1200 U.S. college students is summarized below: Female Male Consumes more than 2 cups of 560 295 coffee per day Consumes 1-2 cups of coffee per 163 72 day Does not consume 37 73 coffee a. Is there a statistically significant association at a = 0.01 ? b. If so, perform a follow-up analysis.

Define regression line

Exercise 13-60 (Algo) (LO13-5) Waterbury Insurance Company wants to study the relationship between the amount of fire damage and the distance between the burning house and the nearest fire station. This information will be used in setting rates for insurance coverage. For a sample of 30 claims for the last year, the director of the actuarial department determined the distance from the fire station (x) and the amount of fire damage, in thousands of dollars (y). The MegaStat output is reported here:   ANOVA table Source SS df MS F   Regression 1,835.5782 1 1,835.5782   40.4537   Residual 1,270.4934 28 45.3748       Total 3,106.0716 29             Regression output Variables Coefficients Std. Error t(df=28) Intercept 14 3.1125 2.34 Distance–X 6 0.8778 6.36           Click here for the Excel Data File   a-1. Determine the regression equation. (Round your answers to 3 decimal places.)   a-2. Is there a direct or indirect relationship between the distance from…

What type if variable is color vision status categorical or quantitative

The accompanying data represent the total compensation for 12 randomly selected chief executive officers (CEOS) and the company's stock performance. Use the data to complete parts (a) through (d). E Click the icon to view the data table. (a) Treating compensation as the explanatory variable, x, use technology to determine the estimates of Bo and B,- The estimate of B, is (Round to three decimal places as needed.) Data Table of Compensation and Stock Performante Compensation Company (millions of dollars) Return (%) O Stock A 14.71 75.73 В 4.02 64.29 C 6.55 141.81 D 1.32 30.73 1.73 10.75 2.43 29.05 12.26 0.56 7.07 66.32 9.51 56.31 J 3.83 58.48 K 21.29 21.52 6.63 31.85 Print Done

Explain what are the least-squares line and Regression?

Pls show work so I can understand

Explain about the least square regression line?

Type II error occurs when an individual fails to reject H0 when H0is false. True or False?

improvements to the experimental design?