MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Question
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Consider the following monthly revenue data for an up-and-coming cyber security company.
Month
1
2
3
4
5
6
Answer
7
8
9
Revenue (Thousands of Dollars) Month Revenue (Thousands of Dollars)
321
10
821
542
11
12
13
14
15
16
17
540
581
641
700
698
710
799
The summary output from a regression analysis of the data is also provided.
Sales Data
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
0.921077041
0.848382915
0.83827511
63.80312729
17
ANOVA
SS
F
df
MS
Regression 1 341,679.531863 341,679.531863 83.9334416
Residual 15 61,062.585784
4070.839052
Total 16 402,742.117647
833
850
862
858
861
873
879
Coefficients Standard Error
Intercept 467.13970588 32.36730454
Month
P-value
14.43245622 3.34210E-10
28.93872549 3.158725486 9.161519612 1.56139E-07
t Stat
Step 2 of 3: Using the model from the previous step, predict the company's revenue for the 18th month. Round to four decimal places, if necessary.
Tabl
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Transcribed Image Text:Consider the following monthly revenue data for an up-and-coming cyber security company. Month 1 2 3 4 5 6 Answer 7 8 9 Revenue (Thousands of Dollars) Month Revenue (Thousands of Dollars) 321 10 821 542 11 12 13 14 15 16 17 540 581 641 700 698 710 799 The summary output from a regression analysis of the data is also provided. Sales Data Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.921077041 0.848382915 0.83827511 63.80312729 17 ANOVA SS F df MS Regression 1 341,679.531863 341,679.531863 83.9334416 Residual 15 61,062.585784 4070.839052 Total 16 402,742.117647 833 850 862 858 861 873 879 Coefficients Standard Error Intercept 467.13970588 32.36730454 Month P-value 14.43245622 3.34210E-10 28.93872549 3.158725486 9.161519612 1.56139E-07 t Stat Step 2 of 3: Using the model from the previous step, predict the company's revenue for the 18th month. Round to four decimal places, if necessary. Tabl
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