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C MindTap - Cengage Learning Homework Help - Q&A from On X + Adonia My Home Courses https://ng.cengage.com/static/nb/ui/evo/index.html?deploymentId=5996522321531871212453615008&elSBN=9780357131596&id=1517071571&nbld=2992354&snapshotld=29... A Catalog and Study Tools Rental
C MindTap - Cengage Learning Homework Help - Q&A from On X + Adonia My Home Courses https://ng.cengage.com/static/nb/ui/evo/index.html?deploymentId=5996522321531871212453615008&elSBN=9780357131596&id=1517071571&nbld=2992354&snapshotld=29... A Catalog and Study Tools Rental Options College Success Tips Career Success Tips ? Help Give Feedback CENGAGE MINDTAP 15.6 Practice 1. 2. ... Q Search this course ? Hint(s) Check My Work The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (x1) and newspaper advertising (x2). Values of y, x1, and 2 are expressed in thousands of dollars. Click on the datafile logo to reference the data. DATA file The estimated regression equation was Weekly Gross Revenue ($1000s) Television Advertising ($1000s) Newspaper Advertising ($1000s) 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 = 83.23 +2.29x1 + 1.30x2 a. What is the gross revenue expected for a week where $3,500 is spent on television (x1 = 3.5) and $1,800 is spent on newspaper advertising (x2 = 1.8) (to 3 decimals)? 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, $ Hide Feedback Type here to search thousand ) X 73F Cloudy (4) P Co A-Z + Office N A+ 3:30 PM 7/31/2022 $
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