THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sales manager is interested in determining the relationship between the amount spent on advertising and total sales.The manager collects data for the past 24 months and runs a regression of sales on advertising expenditures.The results are presented below but,unfortunately,some values identified by asterisks are missing.
SUMMARY OUTPUT
-The total degrees of freedom is:
A)21
B)22
C)23
D)24

Question

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sales manager is interested in determining the relationship between the amount spent on advertising and total sales.The manager collects data for the past 24 months and runs a regression of sales on advertising expenditures.The results are presented below but,unfortunately,some values identified by asterisks are missing.
SUMMARY OUTPUT 
-The total degrees of freedom is:
A)21 
B)22 
C)23 
D)24

Quizplus · Accepted Answer

The total degrees of freedom in a system is calculated based on the number of independent variables that can vary without violating any constraints. Without specific context or details about the system in question, it's not possible to provide a detailed explanation for why 23 is the correct answer.