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 coefficient of determination.
A)0.1348
B)0.1558
C)0.8442
D)0.8652

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 coefficient of determination.
A)0.1348 
B)0.1558 
C)0.8442 
D)0.8652

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 coefficient of determination.
A)0.1348 
B)0.1558 
C)0.8442 
D)0.8652