9. Which of the four explanatory variables seems to be the least significant in the model? A) Expenditures Competing Brands District Potential C) B) Accounts D) 10. What is a 95% confidence interval for the coefficient of promotional expenditures? A) (-0.441, 4.055) B) (-0.312, 3.926) 11. An F test for the two coefficients of promotional expenditures and district potential is performed. The hypotheses are: H: 0, = 0.= 0 versus H: at least one of the is not 0. The F statistic for this test is 1.482 with 2 and 21 degrees of freedom. What can we say C) (-0.053, 3.667) D) (0.726, 2.888) about the P-value for this test? 0.05< P-value <0.10 D) P-value >0.10 A) P-value <0.025 C) B) 0.025 < P-value < 0.05

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Topic Video
Question
The data referred to in this question were collected from several sales districts across the country.
The data represent sales for a maker of asphalt roofing shingles. Information on the following
variables is available:
Sales
Sales from last year in thousands of squares
Expenditures
Promotional expenditures in thousands of dollars
Accounts
Number of active accounts
Competing Brands
Number of competing brands producing equivalent or similar products
District Potential
A coded indicator of the potential of the district
(higher score = better potential)
Partial SPSS regression output of a multiple regression model with sales as the response variable
and the other four variables as predictor variables is given below:
ANOVA
Sum of
Model
Squares
df
Mean Square
F
Sig.
Regression
176777.1
4
44194.265
479.099
.000
Residual
1937.137
21
92.245
Total
178714.2
25
Coefficients
Unstandardized
Standardized
Coefficients
Coefficients
Model
Std. Error
Beta
t
Sig.
(Constant)
Promotional Expenditures
1
178.320
12.960
13.759
.00000
1.807
1.081
039
1.672
.10944
Number of Active Accounts
3.318
163
.558
20.368
.00000
Number of Competing Brands
-21.185
.788
-647
-26.887
.00000
District Potential
.325
468
018
.694
49544
M Notifications
91
M Inbox
Calendar
To Do
Transcribed Image Text:The data referred to in this question were collected from several sales districts across the country. The data represent sales for a maker of asphalt roofing shingles. Information on the following variables is available: Sales Sales from last year in thousands of squares Expenditures Promotional expenditures in thousands of dollars Accounts Number of active accounts Competing Brands Number of competing brands producing equivalent or similar products District Potential A coded indicator of the potential of the district (higher score = better potential) Partial SPSS regression output of a multiple regression model with sales as the response variable and the other four variables as predictor variables is given below: ANOVA Sum of Model Squares df Mean Square F Sig. Regression 176777.1 4 44194.265 479.099 .000 Residual 1937.137 21 92.245 Total 178714.2 25 Coefficients Unstandardized Standardized Coefficients Coefficients Model Std. Error Beta t Sig. (Constant) Promotional Expenditures 1 178.320 12.960 13.759 .00000 1.807 1.081 039 1.672 .10944 Number of Active Accounts 3.318 163 .558 20.368 .00000 Number of Competing Brands -21.185 .788 -647 -26.887 .00000 District Potential .325 468 018 .694 49544 M Notifications 91 M Inbox Calendar To Do
9. Which of the four explanatory variables seems to be the least significant in the model?
A) Expenditures
Competing Brands
District Potential
C)
B) Accounts
D)
10. What is a 95% confidence interval for the coefficient of promotional expenditures?
A) (-0.441, 4.055)
C)
(-0.053, 3.667)
B) (-0.312, 3.926)
11. An F test for the two coefficients of promotional expenditures and district potential is
performed. The hypotheses are: H: 0 = 0= 0 versus H: at least one of the is not 0.
The F statistic for this test is 1.482 with 2 and 21 degrees of freedom. What can we say
about the P-value for this test?
D)
(0.726, 2.888)
0.05<P-value <0.10
A) P-value <0.025
B) 0.025 < P-value < 0.05
C)
D)
P-value > 0.10
91
M Inbox
Calendar
To Do
Notifications
Transcribed Image Text:9. Which of the four explanatory variables seems to be the least significant in the model? A) Expenditures Competing Brands District Potential C) B) Accounts D) 10. What is a 95% confidence interval for the coefficient of promotional expenditures? A) (-0.441, 4.055) C) (-0.053, 3.667) B) (-0.312, 3.926) 11. An F test for the two coefficients of promotional expenditures and district potential is performed. The hypotheses are: H: 0 = 0= 0 versus H: at least one of the is not 0. The F statistic for this test is 1.482 with 2 and 21 degrees of freedom. What can we say about the P-value for this test? D) (0.726, 2.888) 0.05<P-value <0.10 A) P-value <0.025 B) 0.025 < P-value < 0.05 C) D) P-value > 0.10 91 M Inbox Calendar To Do Notifications
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Proportions
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman