History In the late 1500’s‚ Spanish explorers‚ led by Don Juan Onate‚ founded the first settlements near the Rio Grande (Las-Cruces.org). Explorers created a road that ran from Mexico City to Santa Fe that was named El Camino Real‚ Royal Road‚ in their desire to find treasure in the legendary Seven Ancient cities of gold (City-Data.com‚ 2009). Spanish conquerors ruled the area until the late 1700’s‚ when the Pueblo Indians gained control over their territory. In the year 1821‚ the Republic of Mexico
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1. Which of the following statements about heat is false? A) If heat flows into a system‚ the extra energy of the system appears in the form of internal energy. B) A hot object possesses more heat than a cold object. C) If the system and surroundings are in thermal equilibrium‚ there is no heat flow between them. D) A process in which heat flows out of a system is said to be exothermic. E) Heat is a form of energy flow. B is false. If you compare a cup of water at 25oC and a bath tub of
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1. You are about to test the hypothesis that sales of your product will increase at a very similar rate at either a $5 drop in unit price or a $7 drop in unit price. You are involved in what type of research? (Points : 2) exploratory descriptive causal focus group ethnographic 2. Of the following combinations‚ managers would be most likely to start with ________ research and later follow with ________ research. (Points : 2) exploratory;
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Simple Linear Regression Model 1. The following data represent the number of flash drives sold per day at a local computer shop and their prices. | Price (x) | Units Sold (y) | | $34 | 3 | | 36 | 4 | | 32 | 6 | | 35 | 5 | | 30 | 9 | | 38 | 2 | | 40 | 1 | | a. Develop as scatter diagram for these data. b. What does the scatter diagram indicate about the relationship between the two variables? c. Develop the estimated regression equation and explain what the
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these characteristics and modeled the relationship between them and the price of real estate for a specific area. How are these characteristics used in determining the price? A model that is commonly used in real estate appraisal is the hedonic regression. This method is specific to breaking down items that are not homogenous commodities‚ to estimate value of its characteristics and ultimately determine a price based on the consumers’ willingness to pay. The approach in estimating the values is done
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TECHNOLOGY AND INNOVATION Degree Level 1 Quantitative Skills Correlation & Regression Intake : Lecturer : Date Assigned : Date Due : 1. Suppose that a random sample of five families had the following annual income and savings. Income (X) Savings (Y) (£’000) (£’000) 8 0.6 11 1.3 9 1.0 6 0.7 5 0.3 (a) Obtain the least square regression equation of savings (Y) on income (X) and plot the regression line on a graph. (b) Estimate the savings if the family income is
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| 70 | 29 | E | 22 | 6 | F | 27 | 15 | G | 28 | 17 | H | 47 | 20 | I | 14 | 12 | J | 68 | 29 | | | | | | | a) draw a scatter diagram of number of sales calls and number of units sold b) Estimate a simple linear regression model to explain the relationship between number of sales calls and number of units sold y=2.139x-1.760 Number of units sold=2.139Number of units sold-1.760 c) Calculate and interpret the coefficient of correlation r=0.853=0.9236 (There
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Revitalizing Dell: Forecast Dell’s 2009 and 2010 revenues • Work through the “Proposed Steps” of Case 9-1 Revitalizing Dell in your textbook – Make lagged drivers – Use correlation to pick a lagged driver – Build a linear forecast model using regression‚ perform DW test on residuals – Repeat if residuals do not pass DW test • Forecast revenues and generate 95% prediction intervals for 2009 and 2010 6 Revitalizing Dell: Bright forecast 7 Revitalizing Dell: Harsh reality 8 Revitalizing
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13.1 17.62 18.23 20.01 21.52 14 13.26 13.22 15.84 17.79 22.18 15.46 16.26 8.09 5.64 11 10.55 18.52 17.86 14.05 12.75 8.79 9.13 11.6 13.87 1. Carry out the regression and find the for the stock. What is the regression equation? 2. Does the value of the slope indicate that the stock has above average risk? (For the purpose of this case assume that the risk is average if the slope is in the range ‚ below average if it is less than
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1. Affirmative Action destroys the idea of meritocracy and students should be chosen based on their intelligence instead of their race or gender. “At the University of Wisconsin‚ the median composite SAT score for blacks who were admitted was 150 points lower than for whites and Asians and the Latino median SAT score was 100 points lower”. This quote shows how Affirmative Action destroys the idea of meritocracy and applicants are mainly chosen on someone’s race not intelligence. (http://brandongaille
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