Figure 10.36 shows two empirical CDFs of the residuals of Sales for two regressions. Estimate (roughly) the
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Figure 10.36
Transcribed Image Text:
Residuals of Regressing Sales on Ads only and Sales on Ad, Price, and CPrice Ek 1.0ר 0.8 0.6 0.4 Sales vs Ad Sales vs AlI 0.0 -5.000-4,000 3.000-2.000,000 01000 2.000 3,000 4.000 5,000 Error Values in Thousands
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Related Book For
Making Hard Decisions with decision tools
ISBN: 978-0538797573
3rd edition
Authors: Robert Clemen, Terence Reilly
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