Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 5 (of 30) value 3.33 points MC Qu. 54 A manager uses regression to express... A manager uses regression to express sales as a

image text in transcribed
image text in transcribed
Question 5 (of 30) value 3.33 points MC Qu. 54 A manager uses regression to express... A manager uses regression to express sales as a function of advertising expenditures (Xi) and per capita income (Xa) in your sales orea The following mutple i Y = 10 + . 51x1 + 45x2 The coefficient of determination is 96 Determine which of the following conclusions is velid reg O More analysis is needed The coefficient of cetermination leaves much unexplained. O The regression line fts the dato used in the sample O The coefficient of determination is positive becouse the constant term is pos tive O The coefficient of determination should always be greater then one s with sales

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

Students also viewed these Accounting questions

Question

What is meant by organisational theory ?

Answered: 1 week ago

Question

What is meant by decentralisation of authority ?

Answered: 1 week ago

Question

Briefly explain the qualities of an able supervisor

Answered: 1 week ago

Question

Define policy making?

Answered: 1 week ago

Question

Define co-ordination?

Answered: 1 week ago