Question: Please answer questions A and B based on the following Best Subsets Regression. Best Subsets Regression: Sales versus Price, Promotional exp, Quality Response is Sales
Please answer questionsA and Bbased on the following Best Subsets Regression.
Best Subsets Regression: Sales versus Price, Promotional exp, Quality
Response is Sales
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VarsR-SqR-Sq(adj)CpSepy
181.379.86.17.8239X
158.054.526.211.734X
19.52.068.117.221X
285.783.04.47.1630XX
282.979.86.87.8193XX
269.263.618.610.499XX
388.484.94.06.7523XXX
A) If you want to consider regression models with just one independent variable, which variable would you consider to include into the model based on S criterion? (10 points)
B) If you want to consider regression models with just two independent variables, which variables would you include according to R-Sq(adj) criterion? (10 points)
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