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Market Weekly Gross Revenue ($100s) Television Advertising Newspaper Advertising Mobile 101.3 5.0 1.5 Shreveport 51.9 3.0 3.0 Jackson 74.8 4.0 1.5 Birmingham 126.2 4.3 4.3
Market | Weekly Gross Revenue ($100s) | Television Advertising | Newspaper Advertising |
Mobile | 101.3 | 5.0 | 1.5 |
Shreveport | 51.9 | 3.0 | 3.0 |
Jackson | 74.8 | 4.0 | 1.5 |
Birmingham | 126.2 | 4.3 | 4.3 |
Little Rock | 137.8 | 3.6 | 4.0 |
Biloxi | 101.4 | 3.5 | 2.3 |
New Orleans | 237.8 | 5.0 | 8.4 |
Baton Rouge | 219.6 | 6.9 | 5.8 |
a. Develop a regression equation that can be used to predict Weekly Gross Revenue with Television and Newspaper advertising as independent variables. | |||||||||
b. How much of the variation in the sample values of weekly gross revenue does this regression explain? | |||||||||
c. Test for significance of the model. | |||||||||
d. Test for significance of each of the independent variables.
Need done Asap! |
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