Multiple regression is sometimes used in litigation. In the case of Cargill, Inc. v. Hardin, the prosecution charged that the cash price of wheat was manipulated in violation of the Commodity Exchange Act. In a statistical study conducted for this case, a multiple regression model was developed to predict the price of wheat using three supply-and-demand explanatory variables.Data for 14 years were used to construct the regression equation, and a prediction for the suspect period was computed from this equation. The value of R2was 0.989.
(a) The fitted model gave the predicted value $2.136 with standard error $0.013. Express the prediction as an interval. (The degrees of freedom were large for this analysis, so use 100 as the df to determine t*.)
(b) The actual price for the period in question was $2.13. The judge decided that the analysis provided evidence that the price was not artificially depressed, and the opinion was sustained by the court of appeals. Write a short summary of the results of the analysis that relate to the decision and explain why you agree or disagree with it.

Answers

Answer 1

Answer:

($2.123 ; $2.149)

Step-by-step explanation:

The prediction interval is expressed as :

Predicted value ± standard Error

Predicted value = $2.136

Standard Error = $0.013

Prediction interval :

Lower boundary = $2.136 - $0.013 = $2.123

Upper boundary = $2.136 + $0.013 = $2.149

($2.123 ; $2.149)

B.) The prediction interval provides a range for which the predicted value or price should fall Given a certain degree of probability. If the true value falls within this interval, then, our prediction would be deemed to have occurred not by chance.

Since the actual price within the predicted price interval, then I agree with the judge's Decison that the price was not artificially depressed.


Related Questions

Find the surface area of the rectangular prism:​

Answers

Answer: 430 cm²

Step-by-step explanation:

1) Front x Back=  15 x 7  x 2= 210 (We do time 2 because there are two of the same shapes ex. there are two squares that are both 16 ft so just do 16 x 2)

2) Right x Left=  7 x 5 x 2 = 70

3) Top x Bottom=  15 x 5 x2 = 150

4) Add. 150 + 210 + 70 = 430 cm²

Hope that helped! :)

E = (2a + 3b + 2) + (3a + 5b - 1) + (2a - 2b)

Answers

Answer:

7a+6b+1

...............

Answer:

7a+6b+1

Step-by-step explanation:

2a+3b+2+3a+5b-1+2a-2b=7a+6b+1

Combine like termsUse this fact:

(+)×(+)=+ (-)×(-)=+

(+)×(-)=- (-)×(+)=-

Which histogram correctly displays the information above

Answers

Answer:  The answer is c

Jelpppsldkdhjdisjsjxjxjzjdjz

Answers

Answer:

28716.35 mm³

Step-by-step explanation:

The formula of volume of sphere

[tex] = \frac{4}{3} \pi {r}^{3}[/tex]

The volume of the sphere

[tex] = \frac{4}{3} \times 3.14 \times {(38 \div 2)}^{3} [/tex]

[tex] = \frac{4}{3} \times 3.14 \times {19}^{3} [/tex]

[tex] = \frac{86149.04}{3} [/tex]

[tex] = 28716.34667...[/tex]

= 28716.35 mm³ (rounded to the nearest hundredth)

What is the width of a rectangle with a length of 3/8 ft and and area of
4 square feet?

Answers

L: 3/8ft
A: 4
W: 10.6666666668881

Explanation: 3/8ft x 10.6666666668881 = 4ft

I need the surface area plz

Answers

Answer:

922

Step-by-step explanation:

(5x22)x2=220

(13x5)x2=130

(22x13)x2=572

220+130+572=922

Answer:

Length (l) = 22 ft

Breadth (b) = 13 ft

Height (h) = 5 ft

Surface Area of a cuboid

[tex] = 2(lb + bh + lh)[/tex]

[tex] = 2(22 \times 13 + 13 \times 5 + 5 \times 22) \\ = 2(286 + 65 + 110) \\ = 2(461) \\ = 2 \times 461 \\ = 922 \: ft ^{3} [/tex]

=> Surface area of the cuboid will be 922 ft³.

need help asap i have no clue how to solve this

Answers

Answer:

c and

28.57%

Step-by-step explanation:

count how many number fall into each category

50-59 has 1

60-69 has 2

70-79 has 4

80-89 has 4

and 90-99 has 3

So the last histogram fits this data

to find the % of those that are between 70-79, take the total number of items that fit into that category (4) and divide by the total number of items (14)

4/14=.2857 --> turn to a percent .2857*100=  28.57%

answer all of them please


easy math questions for 20 points ​

Answers

1) 18
2) 4
3) 60
4) 18
5) 6
6) 4
7) 9
8) 4
9) 4
10) $35
11) 8
12) 9
13) 56
14) 10000
15) 78
16) $50
17) 10
18) 1,2,3,4,6,12
19) 1,2
20) 1000
21) 8
22) 5
23) 12
24) 366
25) 35

Please help. I NEED GOOD GRADES

Answers

Answer:

The circle should be open and the arrow should go the other way.

This is the correct answer your welcome

Would greatly appreciate the help with both A and B

Answers

the answers are a, c, and f

Dr. Victory is a psychologist studying the effects of high-level classes, bullying, and music classes on the anxiety levels of middle school students. He has previously determined that the effects from class levels, bullying experiences, and music classes are independent. It has been determined that the probability that a student is taking a high-level English class is 0.23, the probability that a student has been bullied is 0.36, and 1/3 of students are in music classes.
(a) What is the probability that a randomly selected student is in a high-level English class and has been bullied?
(b) What is the probability that a randomly selected student is in a music class and has been bullied?
(c) What is the probability that a randomly selected student is in a music class, has been bullied, and is in a high-level English class?

Answers

Answer:

a) 0.0828 = 8.28% probability that a randomly selected student is in a high-level English class and has been bullied

b) 0.12 = 12% probability that a randomly selected student is in a music class and has been bullied

c) 0.0276 = 2.76% probability that a randomly selected student is in a music class, has been bullied, and is in a high-level English class

Step-by-step explanation:

Probabilities of independent events happening together:

The probabilities of independent events happening together is the multiplication of the probabilities of each event happening.

In this question:

0.23 probability that a student is taking a high-level English class.

0.36 probability that a student has been bullied.

1/3 = 0.3333 probability that a student is in music class.

(a) What is the probability that a randomly selected student is in a high-level English class and has been bullied?

0.23*0.36 = 0.0828

0.0828 = 8.28% probability that a randomly selected student is in a high-level English class and has been bullied

(b) What is the probability that a randomly selected student is in a music class and has been bullied?

0.36*1/3 = 0.12

0.12 = 12% probability that a randomly selected student is in a music class and has been bullied

(c) What is the probability that a randomly selected student is in a music class, has been bullied, and is in a high-level English class?

0.23*0.36*1/3 = 0.23*0.12 = 0.0276

0.0276 = 2.76% probability that a randomly selected student is in a music class, has been bullied, and is in a high-level English class

(8 – 10i) – (-16 + 2i)

Answers

Answer:

8-10i - -16+2i= 236

Step-by-step explanation:

I am brainliest

Answer:

-16

Step-by-step explanation:

(8-10i) - (-16+2i)

2i - (-14i)

-16

Final Question!!!! College Math! I also did half of it!

Answers

Answer:

15π/4

9π /4

Step-by-step explanation:

[tex]5 \int\limits^4_1 {f(x)} \, dx[/tex]  = 5 ((-π/4)+ π) = 5 (π-π/4) = 5(3π/4) = 15π/4

[tex]5 \int\limits^6_1 {|f(x)|} \, dx[/tex] =  5(π/4 + 2π)  = 5(9π /4) = 45π/4

A zoo has 15 toucans and 75 parrots What is the ratio of the number of toucans to the number or parrots in the zoo

Answers

Answer:

Since there is 15 toucans and 75 parrots the ratio would be written as

15/75

Step-by-step explanation:

As of 15 to 75. Then write out with a colon between the too! 15:75

Hope this helped and have a wonderful day!! <33

please help me how to get the answer for this one

Answers

Answer:

i say c sorry if im wrong

Step-by-step explanation:

The correct answer is each term in patter A is 8 times more than pattern B.
So the answer is D

Question Progress
Homework Progress
20/32 Marks
a) Write 375 as the product of prime factors.
Give your answer in index form.
b) Work out the Highest Common Factor of 375 and 150.

Answers

Answer:

a) 375 = 3 × 3 × 3× 3 × 5

in index form it is 3 × 5³.

prime factor of,

150 = 2 × 3 × 5 × 5.

To find the HCF, multiply all the prime factors common to both numbers: Therefore, HCF = 3 × 5 × 5.

ANS : 75

hope this helps you☺️☺️

12. Find the Volume of the rectangular prism below. Write your final answer as a decimal by converting the fraction to decimal. Also write the units as cubic inches. * 13 in. 2 in. 3 in​

Answers

Answer:

V = 9.75 cubic inches.

Step-by-step explanation:

Given the following data;

Length = 2 inches

Width = 3¼ inches

Height = 1½ inches

To find the volume of rectangular prism;

Volume of rectangular prism = length * width * height

V = 2 * 3¼ * 1½

V = 2 * 13/4 * 3/2

V = 2 * 39/8

V = 2 * 4.875

V = 9.75 cubic inches

What is the measure of angle A? How do you know this?

HELPPP QUICK ANSWER BOTH PARTS

Answers

Answer:

x = 20 degrees

Step-by-step explanation:

We know this because angles next to each other in parallelograms add up to 180 degrees, so if we create an equation, 3x + 120 = 180 meaning that 3x = 60, which means that x = 20 degrees.

HELP MEEEEEEEEEEEEEEEEEEEEE!

Answers

the first one is 194,500. the second is 685,820. good luck!

Arlie is on an airplane that has traveled 420 miles in 3/4 of an hour. At this rate, how far will the airplane travel in the next 1/2 hour?

Answers

The plane will travel miles in the next 1/2 hour. A total of 700 miles.

The coordinates of D are

Answers

Answer:

The coordinates of D are -1,0

Step-by-step explanation:

I believe

SOME HELP HERE PLEASE?!!

Solve for x:
x+2 / x+5 = 2/3
A. -11
B. - 3
C. 2
D. 3
E. 4

Thanks!!​

Answers

Step-by-step explanation:

Your answer is 4. Hope you like my answer.

Answer:

x+2 / x+5 = 2/3

2x + 10 = 3x + 6

•°• x =4

correct option → E

Hope it helped :)

Area 15 cm 12 cm 19 cm triangle

Answers

Answer:

not clear

Step-by-step explanation:

what is the height and base? need an image

I need help I need the answer

Answers

Answer:

(4,4)

Step-by-step explanation:

because it's right in between the school and bank therefore equal distance to both

Answer:

(6,8)

Step-by-step explanation:

the same distance from bank to school (sorry if im wrong)

Gina will pay $14 for fabric at a crafting store. The tax rate is 8.5%. How much will she pay for her fabric including tax?

Answers

Answer:

$15.19

Step-by-step explanation:

8.5% = 0.085

0.085 x 14 = $1.19

1.19+14= $15.19

If ax+b=3 and a=0, then x=

Answers

Answer: the answer is e

Step-by-step explanation:

If ax + b = 0, is x > 0

(1) a + b > 0

(2) a - b > 0

PLZ RESPOND AS SOON AS POSSIBLE
What point is located at (-2, -6)
a. F
b. G
c. H
d. K

Answers

"Point K" is the correct answer!-2 means 2 left-6 means 6 down

The answer is for your question is letter k

Pls solve the 2nd q fast. Best answer will be marked brainliest

Answers

Step-by-step explanation:

[tex] \frac{ - 16}{11} + \frac{ - 3}{9} = \frac{ - 48 - 11}{33} = \frac{ - 59}{33} [/tex]

these are the answers in different forms

A trapezoid with a height of 19 meters has a base of 26 meters and another base of 46 meters. What is the area of the trapezoid?


the area of the trapezoid is

A 342m2 B 598m2 C 684 m2D 1,368m2

Answers

Answer:684

Step-by-step explanation:

A= 1/2 h (b1+b2)

A= 1/2 19 (46+26)

A= 9.5 (72)

A=684

The answer is C... 684

Graph triangle JKL and its image after a reflection in the line x=2 J(1,-1), K(3,0), L(0,-4)

Answers

Answer:

I need more information to help you on this question.

Step-by-step explanation:

The points after image reflection in the line x = 2 will be k'(1, 0), L'(4, -4) and J'(3, -1).

What is a graph?

In math, graph science is the theory of geometric structures called graphs that are used to represent pairwise different objects. Vertices—also known as nodes or points—that are joined by edges make form a network in this sense.

Undirected graphs, where edges connect two vertices equally, and focused therapy, where edges connect two vertices unevenly, are distinguished.

As per the given information in the question,

Here mirror (x = 2) is vertical, hence only x-coordinate changes vertical distance from x-axis will not change.

For point k(3, 0)

It is one unit right side or x  = 2. So, its  image point will be one unit left side that is k'(1, 0).

For point L(0, -4)

It is two unit left side, so L' will be 2 unit right side of x = 2, so the point will be L'(4, -4)

Similarly, point J(1, -1) will become J'(3, -1).

To know more about Graph:

https://brainly.com/question/17267403

#SPJ2

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