Consider the following monthly revenue data for an up-and-coming cyber security company. Month 1 2 3 4 5 6 7 8 9 Sales Data Revenue (Thousands of Dollars) Month Revenue (Thousands of Dollars) 321 10 821 542 11 833 540 12 850 581 13 862 641 14 858 700 15 861 698 16 873 710 17 879 799 The summary output from a regression analysis of the data is also provided. 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 P-value 14.43245622 3.34210E-10 28.93872549 3.158725486 9.161519612 1.56139E-07 Coefficients Standard Error Intercept 467.13970588 32.36730454 Month t Stat Step 2 of 3. Lising the model from the previous step predict the company's revenue for the 18th month Round to four decimal places if necessary
Consider the following monthly revenue data for an up-and-coming cyber security company. Month 1 2 3 4 5 6 7 8 9 Sales Data Revenue (Thousands of Dollars) Month Revenue (Thousands of Dollars) 321 10 821 542 11 833 540 12 850 581 13 862 641 14 858 700 15 861 698 16 873 710 17 879 799 The summary output from a regression analysis of the data is also provided. 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 P-value 14.43245622 3.34210E-10 28.93872549 3.158725486 9.161519612 1.56139E-07 Coefficients Standard Error Intercept 467.13970588 32.36730454 Month t Stat Step 2 of 3. Lising the model from the previous step predict the company's revenue for the 18th month Round to four decimal places if necessary
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
100%
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 6 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman