Question

In: Finance

Based on the below data what is the regression equation? a) 4 + 33X b) 33 * -1X c) -1 + 4X d) -1X + 4

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



Observations8







ANOVA




dfSSMSF
Regression1333333
Residual6111
Total7








CoefficientsStandard Errort StatP-value
Intercept-131.2746663.9842840.007248
Advertising (thousands of $)46.193306741.6108020.158349

Solutions

Expert Solution

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]


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