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A. Student Portal | UAGC | Universi X ' MindTap 7 Cengage Learning X + V 7 C i ng.cengage.com Li 9': Cecilia v My

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A. Student Portal | UAGC | Universi X ' MindTap 7 Cengage Learning X + V 7 C i ng.cengage.com Li 9': Cecilia v My Home Courses Catalog and Study Tools Rental Options College Success Tips Career Success Tips Help Give Feedback /0 Type here to search ':~ CENGAGE 15.6 Practice i. Questions '2. iiieiiiu MINDTAP Q Search this course 0X Assignment: 15.6 Practice Assignment Score: 0.00% Submit Assignment for Grad Exercise 15.29 Algo (Using the Estimated Regression Equation for Estimation and Prediction) ' QUESUOH 2 0\" Check My Work The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (1;) as a function of television advertising (131) and newspaper advertising (:62). Values of y, 371, and 32 are expressed in thousands of dollars. Weekly Gross Television Newspaper Revenue Advertising Advertising ($10005) ($10003) ($10005) 96 5'0 1'5 90 2.0 2.0 95 4'0 1'5 92 2.5 2.5 95 3'0 3'3 94 3.5 2.3 94 2'5 4'2 94 3.0 2.5 The estimated regression equation was :9 : 83.23 + 2.29m + 1.30\" a. What Is the gross revenue expected for a week where $3,500 Is spent on teleVisIon ($1 : 3.5) and $1,800 Is spent on newspaper advertising (112 = 1.8) (to 3 decimals)7 $ thousand b. Provide a 95% prediction interval for next week's revenue, assuming that the advertising expenditures Will be allocated as in part (a) (to 2 decimals). ( $ thousand, $ thousand) 11:49 PM 12/9/2022 J42"F Clear A D r. :1) ,)

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