In Problem 13.4 on page 531, the marketing manager used shelf space for pet food to predict

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In Problem 13.4 on page 531, the marketing manager used shelf space for pet food to predict weekly sales (stored in Petfood). For those data, SSR = 20,535 and SST = 30,025.
a. Determine the coefficient of determination, r2, and interpret its meaning.
b. Determine the standard error of the estimate.
c. How useful do you think this regression model is for predicting sales?
In problem
In Problem 13.4 on page 531, the marketing manager used
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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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