Question: Please answer all Question 26 (0.4167 points) Below we see a plot showing the relationship between advertising budget, units sold, and Group (A or B).
Please answer all
Question 26 (0.4167 points)
Below we see a plot showing the relationship between advertising budget, units sold, and Group (A or B).
The numbers labeling the x-axis, advertising budget, are 1, 10, 100, 1000, 10000, and 100000
The numbers labeling the y-axis, unis sold, are 1, 10, 100, 1000, 10000, 100000, etc.
Straight-line trend lines are shown for Group A and Group B. They do not appear to be exactly parallel, but close enough for us to make some interpretations based on "approximately parallel lines." The trend line for Group A is higher than the trend line for Group B.
Assuming these trend lines are "approximately parallel," we can conclude that
| the total number of units sold is higher in Group A than Group B. | |
| overall, the predicted number of units sold is higher in Group A than Group B. | |
| when controlling for budget, the predicted number of units sold is higher in Group A than Group B. |
Question 28 (0.4167 points)
lm(log(Units_sold) ~ log(Advertising_budget) + Group, data = Data)
We obtain the coefficients table below
| Estimate of coefficient | p-value | |
| (intercept) | 4.45 | Less than 0.0001 |
| log(Advertising_budget) | 1.04 | Less than 0.0001 |
| Group A | 1.94 | Less than 0.0001 |
When we control for advertising budget, the predicted number of units sold is ____ . (Select the closest answer.)
| is about 2 times lower in Group B than Group A. | |
| is about 15 times higher in Group A than Group B. | |
| is about 7 times higher in Group A than Group B. | |
| is about 1.92 times lower in Group B than Group A. |
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