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A market researcher is studying online subscription services. She is particularly interested in what variables relate to the number of subscriptions for a particular online

A market researcher is studying online subscription services. She is particularly interested in what variables relate to the number of subscriptions for a particular online service. She is able to obtain the following sample information on 25 on-line subscription services. The following notation is used:

Sub = Number of subscriptions (in thousands)

Web page hits = Average monthly count (in thousands)

Adv = Advertising budget of the service (in $ hundreds)

Price = Average monthly subscription price ($)

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A market researcher is studying online subscription services. She is particularly interested in what variables relate to the number of subscriptions for a particular online service. She is able to obtain the following sample information on 25 on-line subscription services. The following notation is used: Sub = Number of subscriptions (in thousands) Web page hits = Average monthly count (in thousands) Adv = Advertising budget of the service (in $ hundreds) Price = Average monthly subscription price ($) Service Sub Web Page Hits Adv Price Service Sub Web Page Hits Adv Price 35.5 37.95 588.9 13.2 35.1 14 38.39 586.5 15.4 37.66 585.3 13.2 34.7 15 37.29 544.0 11.0 34.9 37.55 566.3 19.8 34.8 16 39.15 611.1 24.2 35.0 38.78 642.9 17.6 35.1 17 38.29 643.3 17.6 35.3 37.67 624.2 17.6 34.6 18 38.09 635.6 19.8 34.8 38.23 603.9 15.4 34.8 19 37.83 598.9 15.4 35.1 36.90 571.9 11.0 34.7 20 39.37 657.0 22.0 35.3 38.28 584.3 28.6 35.3 21 37.81 595.2 15.4 35.1 38.95 605.0 28.6 35.1 22 37.42 520.0 19.8 35.1 39.27 676.3 17.6 35.6 23 38.83 629.6 22.0 35.3 38.30 587.4 17.6 34.9 24 38.33 680.0 24.2 34.7 38.84 576.4 22.0 35.4 25 40.24 651.2 33.0 35.8 38.14 570.8 17.6 350 A picture Click here for the Excel Data File a. Determine the regression equation. (Negative value should be indicated with a minus sign. Round your answers to 4 decimal places.) y * 1 + b. Conduct a global test of hypothesis to determine whether any of the regression coefficients are not equal to zero. Use a = 0.05. (Round your answers to 2 decimal places.) He: B1 = B2 = 3 = 0 H1: Not all Bi's = zero. Reject HO if F > F

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