Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What's the best way to solve this ? Question 2 1 pts 3370 action video games were sampled. Their national sales (in millions of copies

What's the best way to solve this ?

image text in transcribed
Question 2 1 pts 3370 action video games were sampled. Their national sales (in millions of copies sold) and global sales (in millions of copies sold) were recorded. The linear regression results are below. Use these results to estimate the global sales (in millions of copies sold) of an action game that sold 7.4 million copies nationally. Round your answer to the hundredths place (two decimal places). Simple linear regression results for Genre=Action: Dependent Variable: Global_Sales Independent Variable: NA_Sales Global_Sales = 0.012737853 + 1.9366599 NA_Sales Sample size: 3370 R (correlation coefficient) = 0.95247085 R-sq = 0.90720071 Estimate of error standard deviation: 0.34894398 Parameter estimates: Parameter Estimate Std. Err. Alternative DF T-Stat P-value Intercept 0.012737853 0.006624286 #0 3368 1.922902 0.0546 Slope 1.9366599 0.010673036 3368 181.45353

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

The Equation Of Knowledge From Bayes Rule To A Unified Philosophy Of Science

Authors: Lê Nguyên Hoang

1st Edition

1000063275, 9781000063271

More Books

Students also viewed these Mathematics questions