You used radio advertising and newspaper advertising to predict sales (stored in Advertise). Using the results from

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You used radio advertising and newspaper advertising to predict sales (stored in Advertise). Using the results from that problem.
a. at the 0.05 level of significance, determine whether each independent variable makes a significant contribution to the regression model. On the basis of these results, indicate the most appropriate regression model for this set of data.
b. compute the coefficients of partial determination, r2Y1.2 and r2Y2.1, and interpret their meaning.
For Information: Problem 14.6
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Statistics For Managers Using Microsoft Excel

ISBN: 9780133130805

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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