Question
TABLE 13-5 The managing partner of an advertising agency believes that his company's sales are related to the industry sales. He uses Microsoft Excel's Data
TABLE 13-5\ The managing partner of an advertising agency believes that his company's sales are related to the industry sales. He uses Microsoft Excel's Data Analysis tool to analyze the last 4 years of quarterly data (i.e.,
n=16
) with the following results:\ Regression Statistics\ Multiple R 0.78\ R Square 0.6084 *\ Adjusted R Square 0.6012\ Standard Error SYX 0.9224\ Observations 16\ \\\\table[[Predictor,Coef,StdError,tStat,P-value],[Intercept,3.962,1.440,2.75,0.016],[Industry,0.040451,0.008048,5.03,0.000]]\ Durbin-Watson Statistic 1.59\ Referring to Table 13-5, the coefficient of determination is
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