Question: Linear regression analysis was applied between sales data (yin $1,000s) and advertising expenditures (xin $100s). A random sample of 17 observations led to the following
Linear regression analysis was applied between sales data (yin $1,000s) and advertising expenditures (xin $100s). A random sample of 17 observations led to the following information:
| ANOVA | ||||
| df | SS | MS | F | |
| Regression | 225 | |||
| Error | ||||
| Total | 300 |
Coefficients
Standard Error
t Stat
Intercept
12
Expenditure
1.8
0.2683
The (positive) criticaltvalue for testing whetherxandyare related at a 1% significance level is
| A. | 2.947 |
| B. | 1.753 |
| C. | 2.121 |
| D. | 2.131 |
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