QMB 6603 Quantitative Methods in Business
Using The Management Scientist, Excel, or LINGO, do the following problems in
chapter 6:
1) Solution Plus case 1 page 305.
NOTE: The case states .Solution Plus negotiated with an industrial chemical
company locate
Name:
Math Models of Operations Research, MATP 4700/ DSES 4770.
First Exam, 'ifklesday7 October 4, 2005.
Ygu may use any TESUM from your notes or a homework that is dearly stated. You may use one Sheet
0f handwrittea 110mg: but 110 Oiher SOIH‘Ces. The exa
Simple Linear Regression
r
First-Order Linear Model
s xy
sxsy
Sum of squares for error
Least Square Line
n
SSE =
= b0 + b1x
y
i 1
Sample mean
x
s
i
i 1
x
n
n
(x
=
t
x)2
i
i 1
s 2x
n
x i2
n
x
i
i 1
2
n
i 1
s b1
R2 = r2
2
n
( x
s xy
i
i 1
n
x y
i
n
x