Question: I selected no and the answer was marked incorrect, if the answer is indeed 'No' can an explanation be provided We use data to develop

I selected no and the answer was marked

I selected no and the answer was marked incorrect, if the answer is indeed 'No' can an explanation be provided

We use data to develop a regression model: y (Sales)=15.2 + 4.1*X (Buyer Income). The output shows the following parameters: R = = 0.78 Sig of F = 0.08 Regression Coeff for X = 4.1 P value for X=0.08 Should we use the model? Please base your response on class material and discussions. Yes Cannot tell from the info provided No Yes - but only if the client accepts a confidence level of 92% in the predictive value of the model

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