Ch%209_p4

Ch%209_p4 - SUMMARY OUTPUT Regression Statistics Multiple R...

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SUMMARY OUTPUT Regression Statistics Multiple R 0.99 R Square 0.97 Adjusted R 0.97 Standard E 3.1 Observatio 9 ANOVA df SS MS F ignificance F Regression 1 2209.09 2209.09 229.52 0 Residual 7 67.37 9.62 Total 8 2276.47 Coefficientstandard Erro t Stat P-value Lower 95%Upper 95%Lower 95.0% Upper 95.0% Intercept -1.5 2.57 -0.58 0.58 -7.58 4.58 -7.58 4.58 Our cost 1.47 0.1 15.15 0 1.24 1.69 1.24 1.69

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SUMMARY OUTPUT Regression Statistics Multiple R 0.94 R Square 0.88 Adjusted R 0.86 Standard E 5.6 Observatio 9 ANOVA df SS MS F ignificance F Regression 1 1549.46 1549.46 49.34 0 Residual 7 219.84 31.41 Total 8 1769.3 Coefficientstandard Erro t Stat P-value Lower 95%Upper 95%Lower 95.0% Upper 95.0% Intercept 2.3 4.65 0.49 0.64 -8.69 13.28 -8.69 13.28 Our cost 1.23 0.17 7.02 0 0.81 1.64 0.81 1.64
ch 9 p4 Page 3 Chapter 9 Problem 4 Sim#5 with bid of \$25,000 appears to maximize expected profit Our Cost 20 Our cost Comp1 bid Comp 2 bid Our Bid #ADDIN? Mean Std Dev 10 10.92 14.92 Comp1 Bid #ADDIN? 27.82 3.1 14 16.47

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This note was uploaded on 05/09/2010 for the course MD 605 taught by Professor Silks during the Fall '10 term at box.

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Ch%209_p4 - SUMMARY OUTPUT Regression Statistics Multiple R...

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