subject
Business, 10.03.2020 09:05 brinks7994

A company hires you to develop a linear regression forecasting model. Based on the company's historical sales information, you determine the intercept value of the model to be 1,200. You also find the slope value is minus 50. If after developing the model you are given a value of X= 10, which of the following is the resulting forecast value using this model?

a. - 3,800
b. 700
c. 1,700
d. 1,040
e. 12,000

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:00
If you miss two payments on a credit card what is generally the penalty
Answers: 1
question
Business, 22.06.2019 07:30
Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)
Answers: 1
question
Business, 22.06.2019 21:20
Which of the following best describes the advantage of living in a suburban area? a. suburbs give people access to city jobs along with more living space. b. suburbs give people easy access to cultural attractions and high-paying jobs. c. suburbs have the widest availability of low-cost housing of any living area. d. suburbs have the lowest population density of any living area.
Answers: 1
question
Business, 23.06.2019 01:30
Which of the following is considered part of a country’s infrastructure?
Answers: 1
You know the right answer?
A company hires you to develop a linear regression forecasting model. Based on the company's histori...
Questions
question
Physics, 01.12.2021 19:20
question
Chemistry, 01.12.2021 19:20
question
Mathematics, 01.12.2021 19:20
Questions on the website: 13722367