Question
9.Regression analysis was applied between sales data (Y in $1,000s) and advertising data (x in $100s) and the following information was obtained. Y= 12 +
9.Regression analysis was applied between sales data (Y in $1,000s) and advertising data (x in $100s) and the following information was obtained. Y= 12 + 1.8 x
n = 17
SSR = 225
SSE = 75
Sb1= 0.2683
Based on the above estimated regression equation, if advertising is $3,000, then the point estimate for sales (in dollars) is
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Differential Equations and Linear Algebra
Authors: Jerry Farlow, James E. Hall, Jean Marie McDill, Beverly H. West
2nd edition
131860615, 978-0131860612
