Question
Observations are taken on sales of a certain mountain bike in 26 sporting goods stores. The regression model was Y = total sales (thousands of
Observations are taken on sales of a certain mountain bike in 26 sporting goods stores. The regression model wasY= total sales (thousands of dollars),X1= display floor space (square meters),X2= competitors' advertising expenditures (thousands of dollars),X3= advertised price (dollars per unit).
(a)Fill in the values in the table given here.(Negative values should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required.Round your t-values to 3 decimal places and p-values to4 decimal places.)
Predictor Coefficient SE t-Ccalcp-value
Intercept 1,288.7 306.2 ? ?
FloorSpace 11.055 1.24 ? ?
Competing Ads -6.927 3.959 ? ?
Price -0.14791 0.08143 ? ?
(b-1)What is the critical value of Student'stinAppendix Dfor a two-tailed test at= .01?(Round your answer to 3 decimal places.)
t-value =
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