Author Question: Exhibit 12-4Regression analysis was applied between sales data (Y in $1,000s) and advertising data ... (Read 12 times)

blinding37 · **on:** Mar 25, 2023

Question 1

Exhibit 12-4
Regression analysis was applied between sales data (Y in $1,000s) and advertising data (x in $100s) and the following information was obtained.

= 12 + 1.8 x

n = 17
SSR = 225
SSE = 75
S_b1 = 0.2683

Refer to Exhibit 12-4. The F statistic computed from the above data is

◦

3

◦

45

◦

48

◦

50

Question 2

Exhibit 12-4
Regression analysis was applied between sales data (Y in $1,000s) and advertising data (x in $100s) and the following information was obtained.

= 12 + 1.8 x

n = 17
SSR = 225
SSE = 75
S_b1 = 0.2683

Refer to Exhibit 12-4. To perform an F test, the p-value is

◦

less than .01

◦

between .01 and .025

◦

between .025 and .05

◦

between .05 and 0.1

zubair1583 · **Reply #1 on:** Mar 25, 2023

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