Question: We create a linear regression model where the dependent variable is Sales (measured in dollars), and the independent variables are Segment (there are three segments:


We create a linear regression model where the dependent variable is Sales (measured in dollars), and the independent variables are Segment (there are three segments: A, B, and C) Budget (dollars) The output for the model is below Variable Estimate of Coefficient p-value | (intercept) 50000 Less than 0.0001 1.2 Less than 0.0001 2000 Less than 0.0001 Budget Segmenta SegmentB Budget:Segmenta Budget:SegmentB -4000 Less than 0.0001 0.1 Less than 0.0001 0.8 Less than 0.0001 Fill in the Blanks Type your answers in all of the blanks and submit Using the model above: Let's compare observations with the same budget. When the budget is 10000, the expected sales in Segment A equals Type your answer here When the budget is 10000, the expected sales in Segment B equals Type your answer here When the budget is 10000, the expected sales in Segment C equals Type your answer here We create a linear regression model where the dependent variable is Sales (measured in dollars), and the independent variables are Segment (there are three segments: A, B, and C) Budget (dollars) The output for the model is below Variable Estimate of Coefficient p-value | (intercept) 50000 Less than 0.0001 1.2 Less than 0.0001 2000 Less than 0.0001 Budget Segmenta SegmentB Budget:Segmenta Budget:SegmentB -4000 Less than 0.0001 0.1 Less than 0.0001 0.8 Less than 0.0001 Fill in the Blanks Type your answers in all of the blanks and submit Using the model above: Let's compare observations with the same budget. When the budget is 10000, the expected sales in Segment A equals Type your answer here When the budget is 10000, the expected sales in Segment B equals Type your answer here When the budget is 10000, the expected sales in Segment C equals Type your answer here
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