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Regression Analysis Was Applied Between Sales Data (Y in $1000s) y^\hat { y }

Question 62

Multiple Choice

Regression analysis was applied between sales data (y in $1000s) and advertising data (x in $100s) and the following information was obtained. y^\hat { y } = 12 + 1.8x

N = 17
SSR = 225
SSE = 75
Sb1 = .2683
The t statistic for testing the significance of the slope is


A) 1.80.
B) 1.96.
C) 6.71.
D) .56.

Correct Answer:

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