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 73 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
Wow, this really help

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Second-degree burn of the hand. Second-degree burn of the hand.
The lifetime risk for schizophrenia varies with the degree of relationship to an affected individual The lifetime risk for schizophrenia varies with the degree of relationship to an affected individual
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Microarray analysis for analyzing gene-expression patterns in a tissue Microarray analysis for analyzing gene-expression patterns in a tissue
Table - Correlation Analysis Table - Correlation Analysis
GENETIC ANALYSIS GENETIC ANALYSIS
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library