Question: a) Write down the estimated regression equation and interpret each coefficient of the independent variables. [4 marks] b) Calculate the coefficient of determination (R2) and

 a) Write down the estimated regression equation and interpret each coefficient

a) Write down the estimated regression equation and interpret each coefficient of the independent variables. [4 marks] b) Calculate the coefficient of determination (R2) and the adjusted R-square (Rad;). [4 marks] c) Find the F test statistic and its corresponding p-value to test for the overall significance to determine the overall significance of the relationship between the customer's willingness to spend and the three independent variables. What is your conclusion? [6 marks] (Note that the critical value of F is 3.59 when the degree of freedom in the numerator = 3 and in the denominator = 11) d) Calculate each of the test statistics t and its corresponding p-value (use the t- distribution table) for the customer's user experience (x2) and the number of pageviews (x3). Determine if each independent variable gives a significant contribution to predict the amount of money the customer's willingness to spend. [6 marks]

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