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Question 7 (1 point) Year Advertising Quality_Control Sales_Revenue 1 8 3 97.5 2 7 4 107.0 3 7 5 105.5 4 9 4 111.6 5
Question 7 (1 point)
Year | Advertising | Quality_Control | Sales_Revenue |
1 | 8 | 3 | 97.5 |
2 | 7 | 4 | 107.0 |
3 | 7 | 5 | 105.5 |
4 | 9 | 4 | 111.6 |
5 | 9 | 5 | 119.8 |
6 | 10 | 5 | 134.7 |
7 | 11 | 3 | 117.1 |
8 | 12 | 3 | 127.5 |
9 | 13 | 4 | 139.5 |
10 | 11 | 4 | 112.0 |
11 | 10 | 5 | 141.4 |
12 | 12 | 6 | 133.2 |
13 | 14 | 6 | 162.4 |
14 | 15 | 5 | 152.4 |
15 | 15 | 4 | 125.0 |
This is same regression data as the previous question. Just use regression output from that question to answer this question as well. Your output will show that observations = 15 and R2 = about 0.56. According to this regression output, if you raise Advertising by one unit then Sales_Revenue will rise. For which rise in Sales_Revenue value below are you 95% sure it would NOT be the response of Sales Revenue to the one unit rise in Advertising?
Question 7 options:
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