=+59. Misinterpretations. An advertising agent who created a regression model using amount spent on Advertising to predict
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=+59. Misinterpretations. An advertising agent who created a regression model using amount spent on Advertising to predict annual Sales for a company made these two statements. Assuming the calculations were done correctly, explain what is wrong with each interpretation.
a) My R2 of 93% shows that this linear model is appropriate.
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Related Book For
Business Statistics Plus Pearson Mylab Statistics With Pearson Etext
ISBN: 978-1292243726
3rd Edition
Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman
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