Seven A metropolitan economist is attempting to predict the average total budget of retired couple in

Question Seven

A metropolitan economist is attempting to predict the average total budget of retired couple in Phoenix, based on average U.S. urban retired couples’ total budget. An r ² of .7824 is obtained. Will the regression be a good predictive model?

Question Eight

A football team’s season ticket sales, percentage of games won, and number of active alumni for the years 1992-2000 are given below:

Season Number

Ticket Percentage of of Active

Year Sales Games Won Alumni ____

1992 4,995 40 NA

1993 8,599 54 NA

1994 8,479 55 NA

1995 8,419 58 NA

1996 10,253 63 NA

1997 12,457 75 6,315

1998 13,285 36 6,860

1999 14,177 27 8,423

2000 15,730 63 9,000

___________________________________________________

Interpret the correlation between each set of variables.
Calculate: Regression sales = Percentage of games won.
Calculate: Regression sales = Number of active alumni

Question Fourteen

A researcher has a series of Likert-scaled items and a measure of frequency of absenteeism. He uses each of the Likert-scaled items in a separate bivariate correlation with absenteeism without testing for the assumptions of linear relationships. Is this ethical?

Price: $7.85

Solution: The downloadable solution consists of 4 pages, 385 words.
Deliverable: Word Document