learn untedu Home I Chegg.com Coe Undergraduate Business Assessment Bus 49 Tahoe

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learn untedu Home I Chegg.com Coe Undergraduate Business Assessment Bus 49 Tahoe Test: CoB Undergraduate Business Assessmen- Can sales (Sales) be better predicted through the advertising Adv dollars spent at the ABC Sales Corp.? Data related to both these v hundreds near 5% level of significance gave the resuts the sample come Sales Ade SUMMARY OUTPUT 4250 23 3700 210 sion Statistics 2000 160 Multiple R 5800 345 R Square 6200 325 Adi, R Square 0.86 Standard 6500 365 Error 594.81 7000 400 Observations 4900 370 6100 350 ANOVA. SS 2800 200 df 3.11E- 1 40523671 40523671 114.54 09 3200 200 Regression 18 6368342 3537968 3500 210 19 46892014 Total 5175 210 Low Upr. Coefits. Std. Error t Stat P-value 95% 95% -57.28 509.75 -0.11 0.91 1128.23 1013.66 7110 390 ADV 1237 1.64 1070 0.00 21 02 6500 375 7400 415 0,14

Explanation / Answer

Result:

R square = SSR / SST = 40523671/46892014 =0.864191

r =sqrt(0.864191)

=0.929619

Answer: 0.93

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