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Sales(Y) is in Units of $10,000.00 and Advertising(X) is in Units of $1000. If we want to calculate the value of sales when $39,579.00 is
Sales(Y) is in Units of $10,000.00 and Advertising(X) is in Units of $1000. If we want to calculate the value of sales when $39,579.00 is spent on advertising. What do we use for X in the following equation? Y=42.9+143.3X. Submit Answer format: Currency: Round to: 2 decimal places.
1 #13 Based on the equation Y = 4.29 + 143.3X, Sales(Y) is in Units of $1000.00 and Advertising(X) is in Units of $100. What are Sales when $2,990.00 is spent on advertising?
Based on the below data what will be the value of multiple R?
Regression Statistics | ||||
Multiple R | ||||
R Square | ||||
Adjusted R Square | ||||
Standard Error | ||||
Observations | 8 | |||
ANOVA | ||||
df | SS | MS | F | |
Regression | 1 | 20 | 20 | 6 |
Residual | 6 | 18 | 3 | |
Total | 7 | |||
Coefficients | Standard Error | t Stat | P-value | |
Intercept | 20 | 31.274666 | 3.984284 | 0.007248 |
Advertising (thousands of $) | 45 | 6.19330674 | 1.610802 | 0.158349 |
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