Exhibit 14-5.An marketing analyst wants to examine the relationship between sales (in $1,000s)and advertising (in $100s)for firms in the food and beverage industry and collects monthly data for 25 firms.He estimates the model .The following table below shows a portion of the regression results. Refer to Exhibit 14-5.Calculate the standard error of the estimate.
A)4.68
B)8.86
C)21.91
D)78.53

Question

Exhibit 14-5.An marketing analyst wants to examine the relationship between sales (in $1,000s)and advertising (in $100s)for firms in the food and beverage industry and collects monthly data for 25 firms.He estimates the model  .The following table below shows a portion of the regression results.  Refer to Exhibit 14-5.Calculate the standard error of the estimate.
A)4.68 
B)8.86 
C)21.91 
D)78.53

Quizplus · Accepted Answer

The Answer of Exhibit 14-5.An marketing analyst wants to examine the relationship between sales (in $1,000s)and advertising (in $100s)for firms in the food and beverage industry and collects monthly data for 25 firms.He estimates the model  .The following table below shows a portion of the regression results.  Refer to Exhibit 14-5.Calculate the standard error of the estimate.
A)4.68 
B)8.86 
C)21.91 
D)78.53