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Observations are taken on sales of a sales of a certain mountain Bike in 28 sporting goods store. The regression model was Y= total sales
Observations are taken on sales of a sales of a certain mountain Bike in 28 sporting goods store. The regression model was Y= total sales ( thousands of dollars), X,= display floor space ( square meters), X2= competitors' advertising ( thousands of dollars), X3= advertised price (dollar per unit)
Predictor Coeffient SE Tcalc p-value
Intercept 1,280.7 385.1
Floor space 11.135 1.66
Competing Ads -6.667 3.981
Price 00.14503 0.0327
B) What is the critical value of students T in Appendix D for a two-tailed test at a=.01
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