Question: A sales manager is interested in determining the relationship between the amount spent on advertising and total sales. the manger collects data for the past

A sales manager is interested in determining the relationship between the amount spent on advertising and total sales. the manger collects data for the past months and runs a regression of sales on advertising expenditures. The results wth some missing values are presented below.

Regression Statistics

Multiple R

R Square

Adjusted R Square

Standard Error

Observations

0.492

0.242

0.208

40.975

ANOVA

df

SS

MS

F

Significance

Regression

Residual

Total

1

Coefficients

Standard Error

t Stat

P-value

Constant

Advertising

What is the mean square error (MSE)?

Select one:

a.

b. cannot be determined

c.

d.

e.

A regression between foot length (response variable in cm) and height (explanatory variable in inches) for students resulted in the following regression equation: = + x. One student in the sample was 73 inches tall with a foot length of 29 cm. What is the predicted foot length for this student?

Select one:

a.

b.

c.

d. none of them

e.

A sales manager is interested in determining the relationship between the amount spent on advertising and total sales. the manger collects data for the past months and runs a regression of sales on advertising expenditures. The results wth some missing values are presented below.

Regression Statistics

Multiple R

R Square

Adjusted R Square

Standard Error

Observations

0.492

0.242

0.208

40.975

ANOVA

df

SS

MS

F

Significance

Regression

Residual

Total

1

Coefficients

Standard Error

t Stat

P-value

Constant

Advertising

How much of the variation is explained by the model?

Select one:

a. %

b. %

c. %

d. %

e. %

A sales manager is interested in determining the relationship between the amount spent on advertising and total sales. the manger collects data for the past months and runs a regression of sales on advertising expenditures. The results wth some missing values are presented below.

Regression Statistics

Multiple R

R Square

Adjusted R Square

Standard Error

Observations

0.492

0.242

0.208

40.975

ANOVA

df

SS

MS

F

Significance

Regression

Residual

Total

1

Coefficients

Standard Error

t Stat

P-value

Constant

Advertising

To test the significance of the regression what is the test statistic value?

Select one:

a.

b. either or

c. either or

d.

e.

A sales manager is interested in determining the relationship between the amount spent on advertising and total sales. the manger collects data for the past months and runs a regression of sales on advertising expenditures. The results wth some missing values are presented below.

Regression Statistics

Multiple R

R Square

Adjusted R Square

Standard Error

Observations

0.492

0.242

0.208

40.975

ANOVA

df

SS

MS

F

Significance

Regression

Residual

Total

1

Coefficients

Standard Error

t Stat

P-value

Constant

Advertising

What is the total sum of squares (SStotal)?

Select one:

a. cannot be determined

b.

c.

d.

e.

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