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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:

a)

Sales Revenue rise of 4.5

b)

Sales Revenue rise of 9.3

c)

Sales_Revenue rise of 2.7

d)

Sales Revenue rise of 6.4

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