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

A smartphone company has to decide which battery they will

A smartphone company has to decide which battery they will use for their upcoming model. Two battery manufacturers A and B are competing to get the contract. 15 smartphones of the upcoming model were tested with batterie ...

Tables or graphsusing the internet the text or another

Tables or Graphs Using the Internet, the text, or another reliable source such as a newspaper or periodical site, (not a scholastic or school site like Khan Academy and not Wikipedia), research some important data that h ...

A weight-loss company wants to statistically prove that its

A weight-loss company wants to statistically prove that its methods work. They randomly selected 10 clients who had been on the weight loss program for between 55 and 65 days. They looked at their beginning weights and t ...

1 distinguish between a quota sample and a purposive

1. Distinguish between a quota sample and a purposive sample. 2. What three criteria characterize good descriptions of data?

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 ...

A study found that consumers spend an average of 24 per

A study found that consumers spend an average of $24 per week in cash without being aware of where it goes. Assume that the amount of cash spent without being aware of where it goes is normally distributed and that the s ...

In a poll of 2003 adults within the united states for the

In a poll of 2,003 adults within the United States for the Wall Street Journal, 57% of adults said that public education needs to be improved. Construct a 95% confidence interval for the proportion of all U. S. adults wh ...

Consider the following four-person game in coalitional form

Consider the following four-person game in coalitional form, with transferable utility v({i}) = 0,  ∀i ∈ {1,2,3,4}, v({1,2}) = v({1,3}) = v({2,4}) = v({3,4}) = 1, v({1,4}) = v({2,3}) = 0, v({2,3,4}) = v({1,3,4}) = v({1,2 ...

The initial research proposal will consist of the following

The initial research proposal will consist of the following SIX (6) items: 1. Identify a business research topic 2. Define the research questions for the identified problem or opportunity 3. Select the appropriate resear ...

Requirements the objective is ldquoan analysis of the

Requirements (The objective is “An analysis of the changes in recorded crime via authority over time”.) Assignment concerns a report on a provided data file and be expected to demonstrate a single variate analysis utilis ...

  • 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