Question
To model the price of a flat screen TV, a junior analyst at your firm compiled the retail prices and diagonal measurements of screens. A
To model the price of a flat screen TV, a junior analyst at your firm compiled the retail prices and diagonal measurements of screens. A scatter plot of the data appears below along with a linear estimate of the relationship:
Coefficients | Standard Error | t Stat | P-value | |
Intercept | -3683.24 | 330.0987 | -11.158 | 2.45E-07 |
Diagonal Size | 114.7429 | 6.789886 | 16.89909 | 3.23E-09 |
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Introduction To Business Analytics
Authors: Troy Adair
1st Edition
1119132002, 9781119132004
