Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

rate Spend Profit Yea [in percent] [in thousand (in thousand SUMMARY OUTPUT 2010 9.3 111 2011 8.5 18 114 Regression Statistics 2012 7.9 98 130

image text in transcribed
rate Spend Profit Yea [in percent] [in thousand (in thousand SUMMARY OUTPUT 2010 9.3 111 2011 8.5 18 114 Regression Statistics 2012 7.9 98 130 Multiple R 0.9491 2013 6.7 78 141 A Square 0.9008 2014 5.6 97 158 Adjusted R Squar 0.876 2015 5 53 163 Standard Error 8.45881 2016 4.7 17 166 Observations 11 2017 4.1 76 175 2018 3.9 60 174 ANOVA 2019 3.5 100 178 dF SS MS F Significance F 2020 B. 99 154 Regression 2 5197.77 2598.89 36.3219 9.7E-05 Residual 572.411 71.5514 Total 10 5770.18 Coefficie Standardt Stat P-value Lower 95 Upper 95 Lower 95 Upper 95% Intercept 205.795 10.7889 19.0746 5.9E-08 180.915 230.674 180.915 230.674 Unemployment rate [in percent) -10.505 1.30893 -8.026 4.3E-05 -13.524 -7.4871 -13.524 -7.4871 Advertising Spend (in thousands) 0.14556 0.08546 1.70329 0. 12692 -0.0515 0.34262 -0.0515 0.34262

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

Mining And The State In Brazilian Development

Authors: Gail D Triner

1st Edition

1317323580, 9781317323587

More Books

Students also viewed these Economics questions

Question

In one sentence, what does updating a master file record involve?

Answered: 1 week ago

Question

6. How can hidden knowledge guide our actions?

Answered: 1 week ago

Question

7. How can the models we use have a detrimental effect on others?

Answered: 1 week ago