Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales. Using the output below, calculated
F statistic to determine the overall significance of the estimated multiple regression
Model is $$\begin{array}{l}
\text { Analysis of Variance }\
\begin{array} { l r r r }
\text { Source } & \text { DF } & \text { SS } & \text { MS } \
\text { Regression } & 2 & 16477.3 & 8238.7 \
\text { Residual Error } & 27 & 3038.0 & 112.5 \
\text { Total } & 29 & 19515.4 &
\end{array}
\end{array}$$
A) 10.61
B) 73.23
C) 112.5
D) 3.60
E) None of the above

Question

Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales. Using the output below, calculated
F statistic to determine the overall significance of the estimated multiple regression
Model is $$\begin{array}{l}
\text { Analysis of Variance }\
\begin{array} { l r r r } 
\text { Source } & \text { DF } & \text { SS } & \text { MS } \
\text { Regression } & 2 & 16477.3 & 8238.7 \
\text { Residual Error } & 27 & 3038.0 & 112.5 \
\text { Total } & 29 & 19515.4 &
\end{array}
\end{array}$$
A) 10.61
B) 73.23
C) 112.5
D) 3.60
E) None of the above

Quizplus · Accepted Answer

The Answer of Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales. Using the output below, calculated
F statistic to determine the overall significance of the estimated multiple regression
Model is $$\begin{array}{l}
\text { Analysis of Variance }\
\begin{array} { l r r r } 
\text { Source } & \text { DF } & \text { SS } & \text { MS } \
\text { Regression } & 2 & 16477.3 & 8238.7 \
\text { Residual Error } & 27 & 3038.0 & 112.5 \
\text { Total } & 29 & 19515.4 &
\end{array}
\end{array}$$
A) 10.61
B) 73.23
C) 112.5
D) 3.60
E) None of the above

Selling Price and Amount Spent Advertising Were Entered into a Multiple