Question Number 06: [10 Marks) The market value of a cement production company for the past 8 years is shown in the tabl
Posted: Sun Oct 03, 2021 3:41 pm
Question Number 06: [10 Marks]
The market value of a cement production company for the past 8 years is shown in the table below.
a) Determine the simple linear regression equation.
b) What will be your prediction of share values for year 2022 and 2025?
c) Draw the scatter plot along with the regression line.
Question Number 06: [10 Marks) The market value of a cement production company for the past 8 years is shown in the table below. a) Determine the simple linear regression equation. b) What will be your prediction of share values for year 2022 and 2025? c) Draw the scatter plot along with the regression line. Share Value Year (In million dollars) 2014 12 2015 25 2016 37 2017 49 2018 56 2019 65 2020 78 2021 86
The market value of a cement production company for the past 8 years is shown in the table below.
a) Determine the simple linear regression equation.
b) What will be your prediction of share values for year 2022 and 2025?
c) Draw the scatter plot along with the regression line.
Question Number 06: [10 Marks) The market value of a cement production company for the past 8 years is shown in the table below. a) Determine the simple linear regression equation. b) What will be your prediction of share values for year 2022 and 2025? c) Draw the scatter plot along with the regression line. Share Value Year (In million dollars) 2014 12 2015 25 2016 37 2017 49 2018 56 2019 65 2020 78 2021 86