Question: A). Regression analysis was applied between sales data (in $1000s) and advertising data (in $100s), and the following information was obtained. =12+1.8 x n =17

A). Regression analysis was applied between sales data (in $1000s) and advertising data (in $100s), and the following information was obtained.

=12+1.8x
n=17
SSR=225
SSE=75
=0.2683

Refer to Exhibit 14-3. TheFstatistic computed from the above data is _____.

B). Regression analysis was applied between sales data (in $1000s) and advertising data (in $100s), and the following information was obtained.

=12+1.8x
n=17
SSR=225
SSE=75
=0.2683

Refer to Exhibit 14-3. Based on the above estimated regression equation, if advertising is $3,000, then the point estimate for sales (in dollars) is _____.

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