This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When using regression analysis for forecasting, the confidence interval indicates A) the degree ... (Read 60 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
on: Jul 1, 2018
When using regression analysis for forecasting, the confidence interval indicates
 
  A) the degree of confidence that one has in the equation's R2.
  B) the range in which the value of the dependent variable is expected to lie with a given degree of probability.
  C) the degree of confidence that one has in the regression coefficients.
  D) the range in which the actual outcome of a forecast is going to lie.

Question 2

What are the functions for MC and AC if TC = 100q + 100 ? Are the returns to scale increasing, decreasing, or constant?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sultana.d

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

MC = 100 + 200q
AC = 100 + 100q
Since AC increases with an increase in output, there are decreasing returns to scale.


Alygatorr01285

  • Member
  • Posts: 564
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Degree of genetic relatedness to self in a diploid organism. Degree of genetic relatedness to self in a diploid organism.
Pedigree Analysis and Inheritance p2 Pedigree Analysis and Inheritance p2
Reference points for posture analysis. Reference points for posture analysis.
The time spent in each interval of one complete cell cycle of a human cell in culture The time spent in each interval of one complete cell cycle of a human cell in culture
The steps in the process of creating a karyotype for chromosome analysis. The steps in the process of creating a karyotype for chromosome analysis.
GENETIC ANALYSIS GENETIC ANALYSIS
Video: Protein Structure - Primary, Secondary, Tertiary and Quaternary

For a complete list of videos, visit our video library