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3 The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict grous revenue () function of television svertising (1) and new advertising
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The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict grous revenue () function of television svertising (1) and new advertising (3) Weekly Gross Television Newspaper Revenue Advertising Advertising ($1000) ($1000) ($1000) 96 6.0 1.5 91 2.0 90 5.0 1.5 92 25 245 95 4.0 95 4.5 33 2.5 5.2 94 3.0 35 The estimated regression equation was = 86.7+1.403, +0.853) The computer solution provided SST=23.5 and SSR-21.354 a. Compute and interpret Rand (to 3 decimals) R' RE t. When television advertising was the only independent variable, R = 0.653 and R=0.595. Do you prefer the multiple regression results: Explain Select your answer Selectorale Noy because les variability is goed en both independent and Yes, because greater Variante de both independent vartered Step by Step Solution
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