Regression analysis was applied between sales data (in $1,000s) and advertising data (in $100s) and the following
Fantastic news! We've Found the answer you've been seeking!
Question:
Regression analysis was applied between sales data (in $1,000s) and advertising data (in $100s) and the following information was obtained.
y^= 12 + 1.8 x
n = 17
SSR = 225
SSE = 75
s b1 = 0.2683
Refer to Exhibit 12-2. The t statistic for testing the significance of the slope is
a. | 1.80 |
b. | 1.96 |
c. | 6.709 |
d. | 0.555 |
Related Book For
Mathematical Statistics with Applications in R
ISBN: 978-0124171138
2nd edition
Authors: Chris P. Tsokos, K.M. Ramachandran
Posted Date: