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Acorporation owns several companies. The strategic planner for the corporation believes dollars spent on advertising can to some extent be a predictor of total sales
Acorporation owns several companies. The strategic planner for the corporation believes dollars spent on advertising can to some extent be a predictor of total sales dollars. As an aid in long-term planning, she gathers the following sales and advertising information from several of the companies for 2011 {$ millions). Determine the SSE and the se by using 3?: 46.29 + 15.24x. Think about the variables being analyzed by regression in this problem and comment on the value of se. Advertising Sales (X) (V) 12.5 148 3.7 55 21.6 338 60.0 994 37.6 541 6.1 89 16.8 126 41.2 379 \"(Round your answer to 0 decimal place.) "(Round your answer to 1 decimal places.) SSE = * alas Se: out of 8 ( 96) of the sales estimates are within the value of se
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