Question: #20 Based on the below data what is the regression equation? a) 14 + 39X b) 39 * 6X c) 6 + 14X d) 6X

#20

Based on the below data what is the regression equation? a) 14 + 39X b) 39 * 6X c) 6 + 14X d) 6X + 14

Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations 8
ANOVA
df SS MS F
Regression 1 39 39 9
Residual 6 29 4
Total 7
Coefficients Standard Error t Stat P-value
Intercept 6 31.274666 3.984284 0.007248
Advertising (thousands of $) 14 6.19330674 1.610802 0.158349

Answer format: Text

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Based on the below data what is the regression equation? a) 47 +39X b) 3918X c) 18 + 47% d) 18x + 47 Regression Statistics Multiple R Artem R Square Adjusted R Square Standard Error Observations 8...

Q:

A major shoe manufacturer is considering launching a brand-new pair of running shoes. Before introducing the shoes to the market, the company wants to determine the impact the price and in-store...

Q:

K L M N O I J Ahalyzing Historical Risk vs. Return for a Company. Choose a company that you are using in the investment challenge and complete the following steps. Print these instructions and follow...

Q:

Complete excel worksheet. Use video if necessary. https://www.youtube.com/watch?v=Q7uniN25vno Analyzing Historical Risk vs. Return for a Company. Choose a company that you are using in the investment...

Q:

School State Boston College MA Brandeis University MA Brown University RI California Institute of Technolo CA Carnegie Mellon University PA Case Western Reserve UniversitOH College of William and...

Q:

39 38 6/1/2016 Wed 333 40 39 6/2/2016 Thu 339 41 40 6/3/2016 Fri 416 42 41 6/4/2016 Sat 475 43 42 6/5/2016 Sun 459 44 43 6/6/2016 Mon 319 45 44 6/7/2016 Tue 326 46 45 6/8/2016 Wed 356 47 46 6/9/2016...

Q:

1. The chartered financial analyst (CFA) designation is fast becoming a requirement for serious investment professionals. Although it requires a successful completion of three levels of grueling...

Q:

Possible Multiple Choice Questions for the Exam. Focus on the topics discussed in class. Chapter 1 Multiple Choice Identify the choice that best completes the statement or answers the question. ____...

Q:

Location Income ($1000) Size Years Credit Balance($) Urban 54 3 12 4016 Rural 30 2 12 3159 Suburban 32 4 17 5100 Suburban 50 5 14 4742 Rural 31 2 4 1864 Urban 55 2 9 4070 Rural 37 1 20 2731 Urban 40...

Q:

Scenario/Summary Hopefully you will find this week's iLab activity fun and useful. We'll be exploring the world of statistics from a business perspective this week, allowing you to practice your...

Q:

Which one of the following is incorrect? a. Management accounting is not as important as financial accounting for the competitive success of a company. b. Governments do not require a company to...

Q:

Do the folk culture and different ethnic groups of Bangladesh give a diversified outlook to this country and create the character of a nation by endorsing the concept of "unity in diversity"? Explain...

Q:

What is the primary purpose of preparing a cost sheet? Question 1 options: To value the company's assets To analyze company profitability To determine the total cost of a product and per - unit cost...

Q:

What is an example of constructive feedback? provide reference