The following is part of the results of a regression analysis involving sales (y in millions of dollars), advertising expenditures (x1 in thousands of dollars), and number of salespeople (x2) for a corporation:
ANOVA
Sourcedf
SS
MS
F
Regression2
822.088
Error7
736.012
?
a.At ? = .05, test to determine if the model is significant. That is, determine if there exists a significant relationship between the independent variables and the dependent variable.b.Determine the multiple coefficient of determination.c.Determine the adjusted multiple coefficient of determination.d.What has been the sample size for this regression analysis?
What will be an ideal response?
?
| a. | F = 3.91 < 4.74; p-value is between .05 and .1; do not reject H0; no evidence of a significant relationship between the independent variables and the dependent variable. |
| b. | .5276 |
| c. | .3927 |
| d. | 10 |
You might also like to view...
An important social trend is the continued concern for health and well-being in the United States. This is most likely evidenced by
A. the increased sales of Cigar Aficionado magazine. B. the opening of more Starbucks coffee boutiques in supermarkets. C. the introduction of tablet devices such as the iPad. D. First Lady Michelle Obama's Let's Move! initiative to eliminate childhood obesity. E. the upsizing of menu items at fast food restaurants.
The ____ communication channel is created by management to control individual and group behavior and to achieve the organization's goals
a. informal b. formal c. email d. oral
Waiting lines cause ______ and ______ costs.
A. fixed; variable B. fixed; recurring C. tangible; intangible D. capacity; demand
Flipsy is an online auction marketplace where users swap virtual currency for free stuff
Indicate whether the statement is true or false