In: Finance
Based on the below data what is the regression equation? a) 4 +
33X b) 33 * -1X c) -1 + 4X d) -1X + 4
Regression Statistics | ||||
Multiple R | ||||
R Square | ||||
Adjusted R Square | ||||
Standard Error | ||||
Observations | 8 | |||
ANOVA | ||||
df | SS | MS | F | |
Regression | 1 | 33 | 33 | 33 |
Residual | 6 | 11 | 1 | |
Total | 7 | |||
Coefficients | Standard Error | t Stat | P-value | |
Intercept | -1 | 31.274666 | 3.984284 | 0.007248 |
Advertising (thousands of $) | 4 | 6.19330674 | 1.610802 | 0.158349 |
REGRESSION EQUATION = y = a + bX
y = Dependent variable, X = independent variable, b = slope , a = intercept
a = -1 , b = 4 [advertising]
so y = -1 + 4X
Answer : c : -1 + 4X [Thumbs up please]