Question
Observations are taken on sales of a certain mountain bike in 30 sporting goods stores. The regression model was Y = total sales (thousands of
Observations are taken on sales of a certain mountain bike in 30 sporting goods stores. The regression model was Y = total sales (thousands of dollars), X1 = display floor space (square meters), X2 = competitors' advertising expenditures (thousands of dollars), X3 =advertised price (dollars per unit).
Use Excel to fill in the p-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 p-values to 4 decimal places.)
| Predictor | Coefficient | SE | tcalc |
| p-value | ||||
| Intercept |
| 1,225.4 |
|
| 397.3 |
| 3.084 |
| |
| FloorSpace |
| 11.522 |
|
| 1.330 |
| 8.6632 |
| |
| Competing Ads |
| -6.935 |
|
| 3.905 |
| -1.7759 |
| |
| Price |
| -0.14955 |
|
| 0.08927 |
| -1.6753 |
| |
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Accounting A Smart Approach
Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles
2nd Edition
0199674914, 978-0199674916
