Estimated regression equation relates sales


The following estimated regression equation relates sales to inventory investment and advertising expenditure. y=25+10x1+8x2 The data used to develop the model came from a survey of 10 stores; for these data SST=16,000 and SSR=12,000. Use an F test and a 0.05 level of significance to determine the p-value.

A. 0.006

B. 0.004

C. 0.012

D. 0.008

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Estimated regression equation relates sales
Reference No:- TGS0743699

Expected delivery within 24 Hours