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F23 See attachment 5. Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales.

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5. Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales. Use the output shown below, calculate the amount of variability in Sales is explained by the estimated multiple regression model. Analysis of Variance Source DF 88 Regression 16477 -3 8238 .7 Residual Error 27 3038.0 112 . 5 Total 29 19515.4 A. 15.57% B. 6.90% C. 84.43% D. 29%% E. None of the above

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