The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.

Use = .01 to test the hypotheses for the model y = ₀ + ₁₁ + ₂₂ + , where:

H₀: ₁ = ₂ = 0

H_a: ₁ and/or ₂ 0

Compute the F test statistic (to 2 decimals).

What is the p-value?

What is your conclusion?

Use = .05 to test the significance of ₁. Compute the t test statistic (to 2 decimals).

Weekly Gross Revenue (1000s)	Television Advertising ($1000s)	Newspaper Advertising ($1000s)
96	5	1.5
91	2	2
96	5	1.5
93	2.5	2.5
96	4	3.3
94	3.5	2.3
95	2.5	4.2
95	4	2.5
Predicted Revenue
	4.8	3.6