(Answered) Question an article on pricing and competition in marketing

Statistics

Question: An article on pricing and competition in marketing reports the results of a regression analysis. Information price was the dependent variable, and the independent variables were six marketing measures. The R2 was 76.9%. Interpret the strength of this regression relationship. The number of data points was 242, and the F-test value was 44.8. Conduct the test and state your conclusions.

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