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I need help with Simple & Multiple Linear Regression .. Please! Clipped & Pasted in order & numbered ... Thank you! 6 Weekly Television Gross
I need help with Simple & Multiple Linear Regression .. Please! Clipped & Pasted in order & numbered ... Thank you!
6
Weekly Television Gross Newspaper Revenue Advertising Advertising ($1,000s) ($1,000s) ($1,000s) 96 5 1.5 91 2 2 95 4 1.5 93 2.5 2.5 95 3 3.3 94 3.5 2.3 94 2.5 4.1 94 3 2.5(a) Use a = 0.01 to test the hypotheses Ho: B1 = B2 = 0 Ha: B, and/or B2 is not equal to zero for the model y = Bo+ BjX, + B2X2 + , where X1 = television advertising ($1,000s) X, = newspaper advertising ($1,000s). Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to three decimal places.) p-value = State your conclusion. O Reject Ho. There is insufficient evidence to conclude that there is a significant relationship among the variables. O Do not reject H . There is sufficient evidence to conclude that there is a significant relationship among the variables. O Reject Ho. There is sufficient evidence to conclude that there is a significant relationship among the variables. O Do not reject H . There is insufficient evidence to conclude that there is a significant relationship among the variables.(b) Use a = 0.05 to test the significance of B 1. State the null and alternative hypotheses. O Ho: B1 0 H, : B , = 0 O Ho: B 1 = 0 Ha : B , #0 O HO:B, 0 O Ho: B, = 0 Ha: B, 0 O Ho: B, = 0 H: B , B2 H, : B. = P 2 O Ho: B1 0 O H : B , = 0 H: B , #0 Ho: B 1 20 O Ha: B, so O Ho: B1 0 H: B , >0 H : B , SO O Ho: B2 = 0 H . : B , + 0 O Ho: B2Step by Step Solution
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