Use Data7 file At the 1 level, test to determine if the average quarterly revenue for Nordstorm is different from 11,000 Make sure to state the hypotheses, p value, your decision and how you made the decision (the criteria), and your conclusion SUMMARY OUTPUT Regression Statistics Multiple R 0 93741424 R Square 0 87874546 Adjusted R Square 0 87752067 Standard Error 1316 87847 Observations 101 ANOVA df SS MS F Significance F Regression 1 1244204266 1244204266 717 464295 3 7459E 47 Residual 99 171682721 1734168 9 Total 100 1415886987 Coefficients Standard Error t Stat P value Lower 95 Upper 95 Lower 95 0 Upper 95 0 Intercept 5005 9737 313 230133 15 9817756 3 5931E 29 4384 45716 5627 49024 4384 45716 5627 49024 Nordstorm Revenue 3 81152556 0 14229797 26 785524 3 7459E 47 3 52917552 4 09387559 3 52917552 4 09387559

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Question: Use Data7 file. At the 1% level, test to determine if the average quarterly revenue for Nordstorm is different from 11,000. Make sure to state

Use Data7 file. At the 1% level, test to determine if the average quarterly revenue for Nordstorm is different from 11,000. Make sure to state the hypotheses, p-value, your decision and how you made the decision (the criteria), and your conclusion.

SUMMARY OUTPUT

Regression Statistics
Multiple R	0.93741424
R Square	0.87874546
Adjusted R Square	0.87752067
Standard Error	1316.87847
Observations	101

ANOVA
	df	SS	MS	F	Significance F
Regression	1	1244204266	1244204266	717.464295	3.7459E-47
Residual	99	171682721	1734168.9
Total	100	1415886987

	Coefficients	Standard Error	t Stat	P-value	Lower 95%	Upper 95%	Lower 95.0%	Upper 95.0%
Intercept	5005.9737	313.230133	15.9817756	3.5931E-29	4384.45716	5627.49024	4384.45716	5627.49024
Nordstorm Revenue	3.81152556	0.14229797	26.785524	3.7459E-47	3.52917552	4.09387559	3.52917552	4.09387559

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