Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

In regression equation, the value of y-intercept indicates the value of Y when the value of X is zero.

You have been provided with the following regression output. The dependent variable is unit sales of a product, and the independent variable is dollar value of newspaper advertising for that product. The unit of analysis is weeks; that is, each of the observations in underlying sample data represents a separate week of sales and newspaper advertising.
Regression Analysis: Sales versus Newspaper the regression equation is

Sales = 6514 + 0.0386 Newspaper

Predictor

 Co-eff        

SE Co-eff      

T          

P

Constant

6514

1138

5.72

0.000

Newspaper

0.038625

0.005494 

7.03

0.000


S = 5630.70   R-Sq = 24.3%   R-Sq(adj) = 23.8%

Analysis of Variance

Source              

DF       

SS                   

MS                     

F               

P

Regression

1

1567134272

1567134272 

49.43

0.000

Residual Error

154

4882532724

31704758

 

 

Total

155

6449666996

 

 

 

 

 

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M921057

Have any Question? 


Related Questions in Statistics and Probability

Following the rash of school shootings that occurred in the

Following the rash of school shootings that occurred in the late 1990s, some individuals suggested that violent video games were making children and adolescents more aggressive. Imagine that you obtained a sample of 150 ...

44nbspof a certain countrys voters think that it is too

44% of a certain country's voters think that it is too easy to vote in their country. You randomly select 12 likely voters. Find the probability that the number of likely voters who think that it is too easy to vote is ( ...

Suppose that a certain college class contains 49 students

Suppose that a certain college class contains 49 students. Of these, 24 are seniors, 26 are English majors, and 9 are neither. A student is selected at random from the class. (a) What is the  probability  that the studen ...

The centers for disease control and prevention released a

The Centers for Disease Control and Prevention released a report in 1998 that attributed part of the increase in youth smoking in the 1980s to the use of the cartoon character, Joe Camel, in cigarette advertising. Using ...

Research objectives to explore correlations between reward

Research Objectives To explore correlations between reward systems and team work attributes in the Saudi Arabian bank sector To explore relationships between reward systems and team work effectiveness in the Saudi Arabia ...

Question a survey found that an american family generates

Question: A survey found that an American Family generates an average of 17.2 lb of glass garbage each year. Assume that the standard deviation of the distribution is 2.5 pounds. If a sample of 55 families is randomly se ...

The total cholesterol levels of a sample of men aged 35-44

The Total Cholesterol levels of a sample of men aged 35-44 are normally distributed with the mean of 203 milligrams per deciliter and a standard deviation of 37.4 milligrams per deciliter. (a) What percent of men have a ...

The premise a few years have passed and your survivor group

The premise: a few years have passed, and your survivor group has grown due to the merger with another group of survivors. You still maintain the position as the intellectual of the group because you are a historian.  Al ...

Consider rolling a fair 6-faced die twice let a be the

Consider rolling a fair 6-faced die twice. Let A be the event that the sum of the two rolls is atmost 6, and B be the event that the first one is an even number. (a) What is the probability that the sum of the two rolls ...

In a clinical study of an allergy drug 103 of the 202

In a clinical study of an allergy drug, 103 of the 202 subjects reported experiencing significant relief from their symptoms. At the 0.05 significance level, test the claim that more than half of all those using the drug ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen