A friend of yours in the television industry was complaining about the writer's strike. She says she would certainly be out of a job if it weren't for the ad revenue brought in by live sports. She claims that as the number of live sporting events increases, so does ad revenue. You decide to test this theory by gathering data from different TV channels over several months. Here is your partial Excel output: Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.5274 0.2781 0.2438 7783.3141 23 Select one: O a. 5.7821E-19 O b. 2.89105E-19 Oc. 0.009705 O d. 0.0048525 O e. 0.2781 Coefficients Standard Error 156738.8957 517.4709 Intercept Live Sports What is the p-value for testing your friend's claim? Use "Formula Sheet Fall 2020" if necessary. t Stat P-value 5087.8962 30.8062 5.7821E-19 181.9118 2.8446 0.009705

A friend of yours in the television industry was complaining about the writer's strike. She says she would certainly be out of a job if it weren't for the ad revenue brought in by live sports. She claims that as the number of live sporting events increases, so does ad revenue. You decide to test this theory by gathering data from different TV channels over several months. Here is your partial Excel output: Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.5274 0.2781 0.2438 7783.3141 23 Select one: O a. 5.7821E-19 O b. 2.89105E-19 Oc. 0.009705 O d. 0.0048525 O e. 0.2781 Coefficients Standard Error 156738.8957 517.4709 Intercept Live Sports What is the p-value for testing your friend's claim? Use "Formula Sheet Fall 2020" if necessary. t Stat P-value 5087.8962 30.8062 5.7821E-19 181.9118 2.8446 0.009705

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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