Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Z. A store wants to analyse the relationship between sales and several explanatory variables. These include advertising expenditures CAD eg sales adv bonus Source SS

image text in transcribedimage text in transcribed
Z. A store wants to analyse the relationship between sales and several explanatory variables. These include advertising expenditures CAD eg sales adv bonus Source SS MS Number of obs = 25 2, 22) = 64.83 Model J.1067797.35 2 533898.677 Prob > F = 0. 0000 Residual 181176. 387 22 8235. 2903 R-squared D. 8549 Adj R-squared Total J.1248973.74 24 52040.5725 Root MSE = 90.749 Sales Coef. Std. Err. [95% Conf. Interval] 2. 473177 . 2753111 8.98 0.000 1.902217 3. 044138 Bonus 1. 85618 . 7157249 2.59 0 . 017 . 3718573 3. 340503 cons .516.4444 189. 8757 -2.72 0. 013 -910. 2225 -122 . 6664 reg sales adv bonus west midwest Source di MS Number of obs = 25 20) = 89.03 Model 1182559.9 295639 . 975 Prob > F = 0 . 0000 Residual 66413. 8404 20 3320.69202 R-squared = 0. 9468 Adj R-squared 50.9362 Total J. 1248973.74 24 52040.5725 Root MSE 57 . 625 sales Coef. Std. Err. [95% Conf. Interval] 1. 367798 . 2622075 5.22 0. 000 . 8208433 1. 914754 ponys . 9751533 . 4808161 2.03 0 . 056 - . 0278115 1. 978118 west 48.14586 32. 80134 1. 47 0. 158 -20.27653 116.5683 midwest 257. 8916 48. 41295 5.33 0.000 156.9039 358 . 8792 cons 177.2072 170.1159 1. 04 0. 310 -177 . 6483 532. 0627

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_2

Step: 3

blur-text-image_3

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

An Introduction to the Mathematics of financial Derivatives

Authors: Salih N. Neftci

2nd Edition

978-0125153928, 9780080478647, 125153929, 978-0123846822

More Books

Students also viewed these Mathematics questions

Question

please dont use chat gpt or other AI 6 5 . ?

Answered: 1 week ago

Question

Is resilient in pursuing the companys business goals.

Answered: 1 week ago

Question

Exercises judgement in sharing sensitive information.

Answered: 1 week ago