Because of high tuition costs at state and private universities, enrollments at community colleges have increased dramatically in recent years. The following data show the enrollment (in thousands) for Jefferson Community College for the nine most recent years.


Year Period (t) Enrollment (1,000s)
2001 1 6.5
2002 2 8.1
2003 3 8.4
2004 4 10.2
2005 5 12.5
2006 6 13.3
2007 7 13.7
2008 8 17.2
2009 9 18.1

Required:
a. What type of pattern exists in the data?
b. Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series.
c. What is the forecast for year 10?

Answers

Answer 1

Answer:

a. A linear pattern exists in the data.

b. The parameters for the line that minimizes MSE for this time series are as folows:

ß1 = Estimated slope = 1.4567

ß0 = Estimated intercept = 4.7165

Also, we have:

MSE = Mean squared error = 0.4896

c. Forecast for year 10 is 19,280.

Step-by-step explanation:

a. What type of pattern exists in the data?

Note: See Sheet1 of the attached excel file for the line graph.

From the line graph, it can be observed that a linear pattern exists in the data.

b. Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series.

Note: See Sheet2 of the attached excel file for all the calculations to obtain the following:

Sample size = 9

Total of X = 45

Total of Y = 108

Mean of X = Total of X / Sample size = 45 / 9 = 5

Mean of Y = Total of X / Sample size = 108 / 9 = 12

SSxx = Total of (X - Mean of X)^2 = 60

SSyy = Total of (Y - Mean of Y)^2 = 130.74

SSxy = Total of (X - Mean of X) * (Y - Mean of Y) = 87.40

Therefore, we have:                

ß1 = Estimated slope = SSxy/SSxx = 87.4 / 60  = 1.4567

ß0 = Estimated intercept = Mean of Y – (ß1 * Mean of X) = 12 - (5 * 1.4567) = 4.7165

Therefore, the parameters for the line that minimizes MSE for this time series are as folows:

ß1 = Estimated slope = 1.4567

ß0 = Estimated intercept = 4.7165

Regression equation which also used in the attached excel is as follows:

Y = ß0 + ß1X =

Y = 4.7165 + 1.4567X …………………. (1)

SSE = Sum of squared error = Total of (Y - Y*)^2 = 3.4273

Therefore, we have:

MSE = Mean squared error = (SSE/(n-2)) = (3.4273 / (9 - 2)) = 0.4896

c. What is the forecast for year 10?

This implies that X = 10

Substitute X = 10 into equation (1), we have:

Y = 4.7165 + (1.4567 * 10) = 19.28

Since it is 1,000s, we have:

Y = 19.28 * 1,000 = 19,280

Therefore, forecast for year 10 is 19,280.


Related Questions

Which point is part of the solution of the inequality y ≤ |x + 4| − 3?

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Answer:

Step-by-step explanation:

3s + 4t = 22
8s + 8t = 48
What is s and what is t
(Similtaneous Equations)

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9514 1404 393

Answer:

   (s, t) = (2, 4)

Step-by-step explanation:

We can eliminate the t variable by subtracting the first equation from half the second.

  (1/2)(8s +8t) -(3s +4t) = (1/2)(48) -(22)

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The solution is (s, t) = (2, 4).

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the area of a triangle is area=1/2•base•height or a= b•h / 2

Solve the following quadratic by factoring.
x² – 3x – 4=0
List the answers separated by a comma. For example, if you found solutions x = 1 and x = 2, you would enter 1, 2.

Answers

Answer:

4, -1

Step-by-step explanation:

We can reverse the FOIL (First, outside, inside, last) method to break down the equation. The question is asking to solve by factoring so you want to find the right combination of numbers this equation can be broken down into:

x^2 - 3x - 4 = 0

Because we want x squared, x needs to be multiplied by itself, so we can put x in the first slot for each.

(x + or - ?) ( x + or - ?) = 0

Then we need to find numbers that could be added to get -3 and multiplied to get -4. The only set of numbers that works for this is -4 and 1. Note that the sign you put in front of each number has an impact on your answers. With this we get:

(x - 4) (x + 1) = 0

To test that this is equal to the original equation, simply multiply it out using FOIL.

x * x = x^2

x * 1 = x

x * -4 = -4x

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Putting each component into an equation:

x^2 + x - 4x - 4 = 0

Simplifying:

x^2 - 3x - 4 = 0

Once we are sure it is still the same equation, we find the solutions. We know 0 multiplied by anything equals 0, so to get 0 as the answer, one of the sets in the parentheses must equal 0. (It doesn't matter what the other one is as long is one equals 0)

Therefore, we have 2 solutions, 4, and -1 because if x is 4, 4-4 is 0 which solves the equation, and if x is -1, then -1 + 1 is 0 which also solves the equation.

You can also check your answers by plugging them back into the original equation.

Wires manufactured for a certain computer system are specified to have a resistance of
between 0.11 and 0.16 ohm. The actual measured resistances of the wires produced by
Company A have a normal probability distribution, with a mean of 0.14 ohms, and a
standard deviation of 0.003 ohms. What is the probability that a randomly selected wire
from Company A’s production lot will meet the specifications?

Answers

Answer:

8d68d68fu9d6rf0d

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Choose the correct answers for (a) the total installment price, (b) the carrying charges, and (c) the number of months needed to save money at the monthly rate to buy the item for its cash price.
A bunk bed with a cash price of $1,998, at $143 per month for 15 months

Answers

Answer:

$2,145 ; $147 ; 14 months

Step-by-step explanation:

Given that :

The cash price, that is, the amount that would be paid if customer is to pay the entire amount item is worth at once = $1998

Monthly payment = $143

Period = 15 months

The total installment price ; total amount paid on a monthly pay for 15 months :

(monthly payment * period)

($143 * 15)

= $2,145

The carrying charge :

Installment pay - Cash amount

$(2,145 - 1,998)

= $147

The number of month needed to save at Monthly rate to buy item at it's cash price :

Cash price / monthly payment

$1998 / $143

= 13.97

= 14 months

The expansion of (x-2)(x+2) is …..​

Answers

Answer:

x2-4

Step-by-step explanation:

Answer:

(x+2)(x-2)(x²-2²)(x²-4)

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Find the value of x.

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Answer:

the value of x is 29°

hope it helps

have a nice day

Find the perimeter of a football field which measures 90m by 60m

Answers

Hello!

[tex]\large\boxed{P = 300m}[/tex]

Use the following formula for the perimeter:

P = 2l + 2w, where:

l = length

w = width

Therefore:

P = 2(90) + 2(60)

Simplify:

P = 180 + 120 = 300 m

Answer:

well how about you use common sense 100 yards long on each side 200 yards then add 5o yards since the the that is how wide it is then add another 50 and you get 300 yards then convert that to meters

Pls answer this question

Answers

Answer:

x = 100 degree

Step-by-step explanation:

EF//GC => NF // OC

∠ANE=∠ONF     [Vertically opposite angles]

∠ONF=80

In Quadrilateral OCFN,

NF // OC

∠ ONF + x = 180     [Linear Pair]

=> 80 + x = 180

=> x = 180-80

=> x = 100

Answer:

x=100°

Step-by-step explanation:

corresponding angles

In the following diagram HI || JK.
HELP MATES PLEASE WILL GIVE 15 POINTS

What is the measure of Zx?
Angles are not necessarily drawn to scale.
67°
H
K
46°

I
A

Answers

Answer:

m∠ x = 67

Step-by-step explanation:

∠AJK = ∠AHI = 67 Corresponding Angles

180 - 67 - 46 = x

x = 67

Triangle Sum Theory - the sum of all angles in a triangle = 180

Also, when you see parallel lines look for Corresponding,

Alternate Interior or Same side Interiors.

Check out the attachment and help me out please!!!

Answers

Answer:

20

Step-by-step explanation:

4 + 2 + 5 + 4 + 0 + 1 + 1 + 3 = 20

Two different formulas of an oxygenated motor fuel are being tested to study their road octane numbers. The variance of road octane number for formula 1 is σ12=1.5, and for formula 2 it is σ22=1.2. Two random samples of size n1=15 and n2=20 are tested, and the mean octane numbers observed are x¯1=89.0 fluid ounces and x¯2=92.2 fluid ounces. Assume normality.

a. Test the hypothesis that the formulations are equal versus the hypothesis that formulation 2 produces a higher mean road octane number than formulation 1. Calculate z0=
b. Calculate a 95% two-sided confidence interval on the mean difference road octane number.

Answers

Answer:

Step-by-step explanation:

a)

zo=(89.0-92.2)/sqrt((1.5/15)+(1.2/20))

zo=-8.00

p-value=0.0000

Reject the null hypothesis.

b)

95% confidence interval for difference

=(89-92.2)+/-1.96*sqrt((1.5/15)+(1.2/20))

=-3.2+/-0.78

=(-3.98, -2.42)

The fraction
8
produces a repeating decimal.
0.375
O A. True
O B. False

Answers

It is false

Step-by-step explanation:

Hope it will help you

the answer is false, answer b

What does it mean if a project has a Percent Spent of 90%, Percent Scheduled of 85%, and a Percent Complete of 95%

Answers

Answer:

It means that the project is in good shape, within budget an d it would finish early

Step-by-step explanation:

The answer to this question is pretty straight forward. If a project has the percent spent fine 90 percent, the scheduled has percentage of 85 percent and the complete is at the percentage of 95, what it means is that this project is in good shape, the project being carried out is still being done within the proposed budget and at 95% complete, it means that the project is going to finish early.

Plz tell this AWANSERS STEP BY STEP

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Step-by-step explanation:

solved in the diagram above

I hope it helps you

suppose demand is given by P-120-5Q if the price drops from 80 per unit to 60 what is the change in consumer surplus

Answers

Answer:

4

Step-by-step explanation:

p=120 -5Q

when p = 80

80 = 120 -5Q

Q=8

and when p= 60

60 = 120 -5Q

Q=12

so, change in consumer surplus = 12-8

= 4

16. Risa wants to order business cards. A print-
ing company determines the cost (C) to
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where b the number of boxes of cards and
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OD. $102.40

Answers

Answer:

A - $214.40

Step-by-step explanation:

Since b is the number of boxes of cards and n is the number of ink colors, and we're given the number of boxes of cards, and number of ink colors, we plug in:

4= b

and

3 = n

into the given equation to solve for C.

Using the order of operations we start inside our parentheses and work from there:

C= $25.60*4 + $14.00*4(3 - 1)

C= $25.60*4 + $14.00*4(2)

C= $102.40 + $112

C= $214.40

Unit: Decimals
Progress
The movement of the progress bar may be uneven becouse questions can be worth more or less (including zero) depending on your answer.
Which digit is in the thousandths place in the number 48.5302?
O 3
O 5
O 2
O 0
Submit
Pass
Don't know answer

Answers

Answer:

0

Step-by-step explanation:

48.5302

The number just to the left of the decimal point is the ones place. The 8 is in the ones place. Every place to the left is 10 times greater than the previous one, and every place to the right is 10 times smaller than the previous one.

48.5302

4 - tens place - 4 tens means 40

48.5302

8 - ones place - 8 ones means 8

48.5302

5 - tenths place - 5 tenths means 0.5

48.5302

3 - hundredths place - 3 hundredths means 0.03

48.5302

0 - thousandths place - 0 thousandths means 0.000

48.5302

2 - ten-thousandths place - 2 ten-thousandths means 0.0002

Answer: 0

plz g0ive me solution

Answers

Answer:

separate the x from the numbers it will make the equation easier

How long will it take money to double if it is invested at 25 % compounded continuously ?

Answers

Answer:

Is it anual or monthly?

Step-by-step explanation:

Test the claim that the mean GPA of night students is larger than the mean GPA of day students at the 0.10 significance level. The null and alternative hypothesis would be: H 0 : p N ≥ p D H 1 : p N < p D H 0 : p N ≤ p D H 1 : p N > p D H 0 : p N = p D H 1 : p N ≠ p D H 0 : μ N ≤ μ D H 1 : μ N > μ D H 0 : μ N ≥ μ D H 1 : μ N < μ D H 0 : μ N = μ D H 1 : μ N ≠ μ D The test is: two-tailed right-tailed left-tailed The sample consisted of 30 night students, with a sample mean GPA of 3.34 and a standard deviation of 0.02, and 30 day students, with a sample mean GPA of 3.32 and a standard deviation of 0.08. The test statistic is: (to 2 decimals) Use the conservative degree of freedoms. The p-value is: (to 2 decimals) Based on this we: Reject the null hypothesis Fail to reject the null hypothesis

Answers

Answer:

H0 : μN ≤ μD

H1 : μN > μD

Right tailed

Test statistic = 1.33

Pvalue = 0.097

Fail to reject the Null

Step-by-step explanation:

H0 : μN ≤ μD

H1 : μN > μD

The test is right tailed ; culled from the direction of the greater than sign ">"

Night students :

n1 =30 x1= 3.34 s1 = 0.02

Day students:

n2 = 30 x2 = 3.32 s2 = 0.08

The test statistic :

(x1 - x2) / √(s1²/n1) + (s2²/n2)

T= (3.34 - 3.32) / √(0.02²/30) + (0.08²/30)

T = 0.02 / 0.0150554

Test statistic = 1.328

Using the conservative approach ;

df = Smaller of n1 - 1 or n2 - 1

df = 30 - 1 = 29

Pvalue(1.328, 29) = 0.097

At α = 0.10

Pvalue < α ; Hence, we reject H0 ; and conclude that there is significant evidence that GPA of night student is greater than GPA of day student

Please help me out with these questions :

Answers

Answer:

Step-by-step explanation:

1. 3/7 x = 12

  3x = 84

    x = 28

2. 3x+ 6 = 39

   3x = 33

    x = 11

3. 1/3 x - 3/4 x = 15

    9x  - 4x  = 180

       x =  36

4.   1/4 x = x -21

      3/4 x = 21

      3x = 84

        x=28

5.    86-36 = 50

      50/2

       25

in the diagram below, triangle PQR is similar to triangle STU. based on the diagram, select all the equations that are true.

Answers

Answer:

ACF

Step-by-step explanation:

angles must be equal since the triangles are similar

Two figures are known as similar figures if there the corresponding angles are equal and the corresponding sider is in ratio. The statement that are correct are x=35, y = 55, and z =90.

What are Similar Figures?

Two figures are known as similar figures if there the corresponding angles are equal and the corresponding sider is in ratio. It is denoted by the symbol "~".

Given the ΔPQR is similar to ΔSTU, therefore, the statements that are correct about the two triangles are,

∠P = ∠S = x = 35°

∠Q = ∠T = y

∠R = ∠U = z = 55°

Since the sum of all the angles of a triangle is equal to 180°. For ΔPQR we can write,

∠P + ∠Q + ∠R = 180°

°35 + y + 55° = 180°

y = 180° - 55° - 35°

y = 90°

Hence, the statement that are correct are x=35, y = 55, and z =90.

Learn more about Similar Figures:

https://brainly.com/question/11315705

#SPJ2

Write an expression for the sequence of operations described below.
divide s by u, add the result to t, then add v to what you have
Do not simplify any part of the expression

Answers

Step-by-step explanation:

s+u

Add t: You will need to introduce brackets

(s+u) + t

Add v: Introduce another v

((s/u) + t) + v

What is the value of x in the triangle?​

Answers

Answer:b

Step-by-step explanation:

Ive done this

What is the lcd for 3/6 and 2/9

Answers

9514 1404 393

Answer:

  LCD = 18

Step-by-step explanation:

6 and 9 have a common factor of 3, so the LCD is ...

  (6×9)/3 = 18

Then the fractions can be written as ...

  3/6 = 9/18

  2/9 = 4/18

what number must you add to complete the square x^2+12x=40

Answers

Step-by-step explanation:

x²+12x=40

(x+6)²-6²-40=0

(x+6)²-76 = 0

Which graph shows the solution to the system of linear inequalities?
y>2/3x+3
y ≤ -1/3x+2

Answers

Answer:

Graph 2 which has both solid and dashed line

Step-by-step explanation:

Given the linear inequalities :

y>2/3x+3 - - - (1)

y ≤ -1/3x+2 - - - (2)

One quick observation that can be made from the two graphs is the type of line used to plot the two linear inequalities;

Inequalities that uses either the < or > sign are plotted using a dashed line while inequalities with makes use of ≤ or ≥ are plotted using the solid line. Therefore we can conclude that the graph which uses both the solid line and the dashed line to represent the linear inequality conditions is the correct choice.

What is the rate of change of the line on the graph

Answers

Answer:

A. ¼

Step-by-step explanation:

Rate of change (m) = [tex] \frac{y_2 - y_1}{x_2 - x_1} [/tex]

Using two points on the line, (4, 1) and (-4, -1), find the rate of change using the formula stated above:

Where,

[tex] (4, 1) = (x_1, y_1) [/tex]

[tex] (-4, -1) = (x_2, y_2) [/tex]

Plug in the values

Rate of change (m) = [tex] \frac{-1 - 1}{-4 - 4} [/tex]

= [tex] \frac{-2}{-8} [/tex]

= [tex] \frac{1}{4} [/tex]

Rate of change = ¼

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