In Problem 14.6 on page 583, you used radio advertising and newspaper advertising to predict sales (stored

Question:

In Problem 14.6 on page 583, you used radio advertising and newspaper advertising to predict sales (stored in Advertise). Use the results from that problem.
a. Construct a 95% confidence interval estimate of the population slope between sales and radio advertising.
b. 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 independent variables to include in this model.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

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

Question Posted: