Question

In exercise 4, the following estimated regression equation relating sales to inventory investment and advertising expenditures was given.
y = 25 + 10x1 + 8x2
The data used to develop the model came from a survey of 10 stores; for those data, SST = 16,000 and SSR = 12,000.
a. For the estimated regression equation given, compute R2.
b. Compute R2a.
c. Does the model appear to explain a large amount of variability in the data? Explain.



$1.99
Sales0
Views90
Comments0
  • CreatedFebruary 16, 2015
  • Files Included
Post your question
5000