23. Refer to exercise 5. a. Use a = .01 to test the hypotheses H: B =...

Question:

23. Refer to exercise 5.

a. Use a = .01 to test the hypotheses H: B = B = 0 Ha: B, and/or , is not equal to zero for the model y =o + Bx + Bx+e, where x=television advertising ($1000s) xnewspaper advertising ($1000s)

b. Use a = .05 to test the significance of ,. Should x, be dropped from the model?

c. Use a = .05 to test the significance of . Should x be dropped from the model?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials Of Modern Business Statistics

ISBN: 9780324312843

3rd Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

Question Posted: