Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A. Using the estimates from the regression analysis, compute the expected (average) unit sales and average sales revenue for a typical region? (Assume that all

A.Using the estimates from the regression analysis, compute the expected (average) unit sales and average sales revenue for a typical region? (Assume that all independent variables are statistically significant in your computations).

image text in transcribed
Preview File Edit View Go Tools Window Help M Q 8 Sat Jun 19 7:59 PM AutoSave OFF v ... Urgent Healthcare Clinic - Regression Results.xIs - Compatibility Mode + Home Insert Draw Page Layout Formulas Data Review View ? Tell me Share Comments SUMMARY of the O.. ab, Arial 10 AA General Conditional Formatting Insert v Format as Table X Delete v Paste B IUV A $ ~ % " Editing Analyze Sensitivity X Cell Styles v Format v Data 122 X V fx B C D E K L M N O P Q R SUMMARY of the OUTPUT for the URGENT HEALTHCARE CLINIC Regression Statistics Multiple R 0.948226547 R Square 0.899133584 Adjusted R Square 0.885684728 Standard Error 839.1882756 Observations 35 10 11 SS MS F Significance F uck 12 Regression 188329215.7 47082303.9 66.8557694 1.64884E-14 13 Residual 30 21127108.85 704236.962 14 Total 24 209456324.6 15 16 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% 17 Intercept 11188.81987 3812.381291 2.93486381 0.00634506 3402.898568 18974.74118 3402.8986 18974.74118 18 X Variable 1 - P -43.1383301 10.8664516 -3.96986355 5 0.00041479 -65.33058494 -20.9460753 -65.330585 -20.9460753 19 X Variable 2 - PX 6.851398997 8.494944815 0.8065266 0.42628708 -10.49759282 24.20039081 -10.497593 24.2003908 20 X Variable 3 - Ad 0.022803572 .006907087 3.30147451 0.00248972 0.008697418 0.036909726 0.0086974 0.036909726 21 X Variable 4 - 1 0. 106554043 0.051012565 2.08878036 0.0453132 0.002372487 0.210735599 0.0023725 0.210735599 22 23 24 25 26 27 28 29 30 34 38 D Results Table 1 Table 2 + Select destination and press ENTER or choose Paste Average: 8486541.865 Count: 84 Sum: 466759802.6 100% 2. Select the best subject Related Answer JUN 19 4 W

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these Mathematics questions