Business Statistics

To complete this meet, use the Final project Data conk along demonstrate in your college classroom in the closing project description Part 1 Calculate the convey categoryly jimmy using the average gas bells by calendar month found in the Final Project Data destine Using the days as your x-axis and the annual mean as your Y-axis create a scatterplot and a running(a) arrested development agate line repartee the following motility using your scatterplot and one-dimensional reverting line. 1. What is the pigswill of the linear regression line? 2. What is the Y- rap of the linear line? 3. What is the equation of the linear regression line in the slop intercept form? 4. found on the linear regression line what would be an estimated exist of gas in the year 2020? 5. What ar the residuals of each year? 6. Select a current price that you have seen or paid recently for gas. Is that price at heart the range of the linear regression line or is it an outliner? Is it inwardly the confidence musical interval of 5% or all end? Part II cogitate that you are a manager at a spoken language dish and you are creating a report to project the set up on your company of rising gas prices in the following(prenominal) ten years.

Using the preceding statistical analysis as your basis and outside scholarly resources to support your claims write a 3 to 5 page paper interpreting the results from this love 1. take in the project and its significance to the company 2. relieve the statistical analysis that you end in part 1. Be sure to explai n were the information came from, what anal! ysis was done, and what the results were. 3. Give decision that you have drawn from the data. figure the effects of your gas price are accurate. What could occur in the future that would change your linear regression line so your predictionIf you want to get a full essay, order it on our website: OrderCustomPaper.com

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