Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please Provide your comments on the following regression output SUMMARY OUTPUT Regression Statistics Multiple R 0.85 R Square 0.78 Adjusted R Square 0.75 Standard Error

Please Provide your comments on the following regression output

image text in transcribed
SUMMARY OUTPUT Regression Statistics Multiple R 0.85 R Square 0.78 Adjusted R Square 0.75 Standard Error 85.20 Observations 30 ANOVA df SS MS F Significance F Regression 1 38296664.34 3.8E+07 3452.32 7.13945E-31 Residual 28 310604.6296 11093 Total 29 38607268.97 Coefficients Standard Error t Stat P-value Lower 956 Upper 95% Lower 95.0% Upper 95.0% Intercept 215.00 60.25787368 3.79941 0.00072 105.5118432 352.3771608 105.5118432 352.3771608 Spend BS 1.80 0.017412178 58.7564 0.16 0.987410509 1.05874497 0.987410509 1.05874497

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

Marketing Real People, Real Choices

Authors: Michael R. Solomon, Greg W. Marshall, Elnora W. Stuart, J. Brock Smith, Sylvain Charlebois, Bhupesh Shah

4th Canadian Edition

132913178, 978-0134365954, 013436595X, 978-0132913171

More Books

Students also viewed these Marketing questions