Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Moreover, the analyst wanted to figure out whether there are some associations among various categories. So, the following tables were produced, see table 4. Table

Moreover, the analyst wanted to figure out whether there are some associations among various categories. So, the following tables were produced, see table 4. Table 4: Linear Regression coefficients table for selected categories as independent variables versus the total_amount as the dependent variable. Variables Coefficient (Intercept) -5.641 Appliances_Amount 0.91 Books_Music_Amount 4.29 Clothing_Amount 0.993 Direct_Marketing_Amount 1.007 Entertainment_Amount -8.453 Fitness_Amount 3.685 Food_Amount -0.739 Gas_Amount 13.584 Based on the given values in table 4, answer the following questions: The analyst concluded that the most significant contribution to the total amount comes from a. Gas category. b. Services category. c. Books & Music category. d. Telcos category

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A First Course in General Relativity

Authors: Bernard Schutz

2nd edition

521887054, 978-0521887052

More Books

Students also viewed these Mathematics questions

Question

What is leakage in non-verbal communication?

Answered: 1 week ago

Question

What do you understand by the term responsive listening?

Answered: 1 week ago