I. The relationship between impression Y and advertising expenditure X rom the annual observation from 2000 to 2020 in USA, the following egression results were obtain: Y₁-14.4773+0.0022X₁ se=6.1523 t = ( ) 6.8750

I. The relationship between impression Y and advertising expenditure X rom the annual observation from 2000 to 2020 in USA, the following egression results were obtain: Y₁-14.4773+0.0022X₁ se=6.1523 t = ( ) 6.8750

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter4A: Problems In Applying The Linear Regression Model

Section: Chapter Questions

Problem 5E

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II. The relationship between impression Y and advertising expenditure X
from the annual observation from 2000 to 2020 in USA, the following
regression results were obtain:
Y₁-14.4773+0.0022X₁
se=6.1523 ()
t = (
6.8750
)
r²=0.424
A. Fill in the missing numbers;
B.Would you reject the hypothesis that there is no relationship between
impression Y and advertising expenditure X ?( say at 10% level of
significance)

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