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xeze [42]
2 years ago
10

Regression analysis was applied between sales data (in $1000s) and advertising data (in $100s), and the following information wa

s obtained. ŷ = 12 + 1.8x n = 17 SSR = 225 SSE = 75 Sb1 = 0.2683 Refer to Exhibit 14-3. Based on the above estimated regression equation, if advertising is $3,000, then the point estimate for sales (in dollars) is _____.
Mathematics
1 answer:
Romashka-Z-Leto [24]2 years ago
8 0

Answer:

$66,000

Step-by-step explanation:

The F statistic = 45

The t statistic = 6.709

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