The regression coefficient for price was found to be


Selling price and amount spent on marketing were entered into a multiple regression to determine what affect flat panel TV sales. The regression coefficient for Price was found to be -0.04055, which of the following is the correct interpretation for this value?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: The regression coefficient for price was found to be
Reference No:- TGS02843887

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)