Regression Generation

 

Using Excel, generate regression estimates for the following model:

Annual Amount Spent on Organic Food = α + bAge

After you have reviewed the results from the estimation, write a report to your boss that interprets the results that you obtained. Please include the following in your report:

The regression output you generated in Excel.
Your interpretation of the coefficient of determination (r-squared).
Your interpretation of the coefficient estimate for the Age variable.
Your interpretation of the statistical significance of the coefficient estimate for the Age variable.
The regression equation with estimates substituted into the equation. (Note: Once the estimates are substituted into the regression equation, it should take a form similar to this: y = 10 +2x)
A discussion of how this equation in item 5 above can be used to estimate annual expenditures on organic food.
An estimate of “Annual Amount Spent on Organic Food” for the average consumer. (Note: You will need to substitute the average age into the regression equation for x, the intercept for α, and solve for y.)

Data: Download the Excel-based data file: BUS520 Module 3 Case.

They don’t simply impact emotions, practices or considerations. Feelings additionally influence the dynamic procedure as it passes judgment on circumstances intuitively to transmitter potential risk or solace (Norman, 2004, p.10).

There are three terms that should be characterized to completely comprehend the association among feeling and structure: Emotion in mix to influence and cognizance. The crucial piece of the human mind is the subliminal which guarantees endurance by detecting and reacting to observation, recollections, information and judgment. Each second, the human cerebrum enrolls around 11 million bits of data, where just an expected measure of sixteen to fifty bits for every seconds get enlisted intentionally (Mlodinow, 2012, p.17ff, p.33). The emotional framework lays inside that piece of the mind. In light of editing and making a decision about circumstances the emotional framework characterizes whether it is sheltered or perilous. The result of these judgments are encounters of feelings which can’t be controlled yet one can be deliberately mindful of it through the intellectual framework that deciphers the circumstances sensibly (Norman, 2004, p.11). Another approach to clarify discernment is “The psychological activity or procedure of gaining information and comprehension through idea, experience, and the faculties” (“insight | Definition of perception in English by Oxford Dictionaries”, n.d.).

To associate the full of feeling framework and feelings to plan and in what direction they impact or direct each other has been concentrated in different tests. Two Japanese specialists, Masaaki Kurosu and Kaori Kashimura analyzed the impact of various ATM control designs on client experience. The usefulness was indistinguishable in every format, the main contrast was inside the arrang

This question has been answered.

Get Answer
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
👋 Hi, Welcome to Compliant Papers.