Question: An analyst uses the data set in the Excel file to study the relationship between Demand ( the dependent variable ) and the two independent
An analyst uses the data set in the Excel file to study the relationship between Demand the dependent variable and the two independent variables: Price and Advertisement. He fits a First Order Model and discovers that the residual plot against Price shows a clear trend. Hence, he calculates the Partial Regression Residuals for Price as follows:PRR
PRICE X
$
$
$
$
$
$
$
$
$
$
$
$
$
$The missing value marked as should be:
a$
b$
c$
d $
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