subject
Business, 01.07.2020 16:01 chutchins0406

The quality of the orange juice produced by a manufacturer (e. g., Minute Maid, Tropicana) is constantly monitored. There are numerous sensory and chemical components that combine to make the best-tasting orange juice. For example, one manufacturer has developed a quantitative index of the "sweetness" of orange juice. (The higher the index, the sweeter the juice.) Is there a relationship between the sweetness index and a chemical measure such as the amount of water-soluble pectin (parts per million) in the orange juice? Data collected on these two variables for 24 production runs at a juice manufacturing plant are shown in the table below. Suppose a manufacturer wants to use simple linear regression to predict the sweetness (y) from the amount of pectin (x). Run Sweetness Index Pectin (ppm) Run Sweetness Index Pectin (ppm)
1 5.2 220 13 5.8 306
2 5.5 227 14 5.5 259
3 6 259 15 5.3 284
4 5.9 210 16 5.3 383
5 5.8 224 17 5.7 271
6 6 215 18 5.5 264
7 5.8 231 19 5.7 227
8 5.6 268 20 5.3 263
9 5.6 239 21 5.9 232
10 5.9 212 22 5.8 220
11 5.4 410 23 5.8 246
12 5.6 256 24 5.9 241
a. Find the least squares line for the data.
b. What do ?0 and ?1 represent in the words of the problem?
c. Predict the sweetness index if amount of pectin in the orange juice is 300 ppm.
d. Find the values of SSE, s2, and s for this regression.
e. Explain why it is difficult to give a practical interpretation to s2.
f. Give a practical interpretation of the value of s.
g. Use the results of the regression to form a 95% confidence interval for the slope, b1.
h. Find and interpret the coefficient of determination, r2, and the coefficient of correlation, r.
i. A 90% confidence interval for the predicted value of mean sweetness index, E(y), for run 1 is (5.649,5.838). What does this interval mean in terms of the problem?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:40
On december 31, 2011, daggett company issued $750,000 of ten-year, 9% bonds payable for $700,353, yielding an effective interest rate of 10%. interest is payable semiannually on june 30 and december 31. prepare journal entries to reflect (a) the issuance of the bonds, (b) the semiannual interest payment and discount amortization (effective interest method) on june 30, 2012, and (c) the semiannual interest payment and discount amortization on december 31, 2012. round amounts to the nearest dollar.
Answers: 2
question
Business, 22.06.2019 03:00
Working with a word processor requires more than just a knowledge of typing. a good word processor includes a number of tools designed to aid in formatting documents to meet the needs of the reader. in this project you will use your word-processing skills and a basic knowledge of apa style to format a research paper. the skills you will need for this project include the following: adjusting line spacing (double-spacing) breaking text into pages (page break) centering text changing the font, style, and size of the text editing text inserting page numbers inserting a table using spell check
Answers: 1
question
Business, 22.06.2019 06:00
For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off.rahal's accounts receivable at december 31, 2018, are:
Answers: 2
question
Business, 22.06.2019 11:30
What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?
Answers: 1
You know the right answer?
The quality of the orange juice produced by a manufacturer (e. g., Minute Maid, Tropicana) is consta...
Questions
question
Mathematics, 21.10.2020 22:01
question
Mathematics, 21.10.2020 22:01
question
Mathematics, 21.10.2020 22:01
question
Mathematics, 21.10.2020 22:01
Questions on the website: 13722362