(5/5)

Hire Me
(5/5)

Hire Me
(/5)

Hire Me
(5/5)

Hire Me
(5/5)

# You collect relevant data and carry out the regression analysis.

INSTRUCTIONS TO CANDIDATES

One of the warehouse managers wants to know if it is possible to predict the number of damaged items per day in the warehouse from the total number of items picked and the number of pickers employed. You decide to use linear regression.

1. State the dependent and independent variables.

2. You collect relevant data and carry out the regression analysis. You obtain an adjusted R2 of 0.78. How would you explain what this means (as far as the performance of the model is concerned) in plain English to the management of the company? You must use your own words; definitions are not acceptable.

3. The warehouse manager asks you to explain why significance tests have been undertaken and what the P-value means. In your own words what would you tell him? You must use your own words; definitions are not acceptable.

4. In the regression model the coefficient for ‘items picked’ is 0.06, the coefficient for ‘number of pickers’ is -8.5 and the value of the intercept is 5.3. If you expect 10 pickers to arrive for work tomorrow and the total number of items that need to be picked is 5000, what is the predicted number of damaged items? Comment on the relationship between these variables and usefulness of this model.

(5/5)

## Related Questions

##### . The fundamental operations of create, read, update, and delete (CRUD) in either Python or Java

CS 340 Milestone One Guidelines and Rubric  Overview: For this assignment, you will implement the fundamental operations of create, read, update,

##### . Develop a program to emulate a purchase transaction at a retail store. This  program will have two classes, a LineItem class and a Transaction class

Retail Transaction Programming Project  Project Requirements:  Develop a program to emulate a purchase transaction at a retail store. This

##### . The following program contains five errors. Identify the errors and fix them

7COM1028   Secure Systems Programming   Referral Coursework: Secure

##### . Accepts the following from a user: Item Name Item Quantity Item Price Allows the user to create a file to store the sales receipt contents

Create a GUI program that:Accepts the following from a user:Item NameItem QuantityItem PriceAllows the user to create a file to store the sales receip

##### . The final project will encompass developing a web service using a software stack and implementing an industry-standard interface. Regardless of whether you choose to pursue application development goals as a pure developer or as a software engineer

CS 340 Final Project Guidelines and Rubric  Overview The final project will encompass developing a web service using a software stack and impleme

Get Free Quote!

412 Experts Online