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

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

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