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Business Analytics · Quiz 1 · 25 Feb 2024 · January 2024 term

Question 9: Using the excel regression output given in Figure-2 answe…

Question 9

+0.5 marksNumerical answer

Using the excel regression output given in Figure-2 answer the given sub questions.

SUMMARY OUTPUT

Regression Statistics
Multiple R0.966016
R Square0.933186
Adjusted R Square0.926505
Standard Error363.8778
ObservationsX1

ANOVA

dfSSMSF
Regression1X2X4
Residual101324070.51X3
Total19817291.7

Figure-2

What is the value of “X3”? (Note: Enter the answer rounded to two decimal places. For example, if the answer is “1.234”, then enter it as “1.23”)

Show answer

Correct answer: 132407.5 (accepted within ±0.5)

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Question 9 of 20 in the IIT Madras BS Business Analytics (Business Analytics) Quiz 1 paper sat on 25 Feb 2024, in the January 2024 term (IIT M DIPLOMA AN2 EXAM QDD2 25 Feb 2024). It carries 0.5 marks.

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