A market researcher is studying on-line subscription services. She is particularly interested in what variables relate to the number of subscriptions for a particular on-line service. She is able to obtain the following sample information on 25 on-line subscription services. The following notation is used: Sub = Number of subscriptions (in thousands) Web page hits = Average monthly count (in thousands) Adv = The advertising budget of the service (in $ hundreds) Price = Average monthly subscription price ($) Web Page Hits Web Page Hits Service Adv Price Price 35.1 Service Sub Adv Sub 586.5 544.0 35.5 34.9 13.2 14 38.39 15.4 37.95 37.66 1. 588.9 585.3 13.2 34.7 15 37.29 11.0 37.55 566.3 19.8 34.8 16 39.15 611.1 24.2 35.0 643.3 17.6 35.3 642.9 624.2 603.9 4 38.78 17.6 35.1 17 38.29 34.8 635.6 598.9 37.67 17.6 34.6 18 38.09 19.8 15.4 35.1 15.4 11.0 38.23 34.8 19 37.83 657.0 22.0 35.3 36.90 38.28 571.9 584.3 34.7 20 39.37 35.1 35.3 35.1 8. 28.6 21 37.81 595.2 15.4 520.0 629.6 35.1 35.3 9. 38.95 605.0 28.6 22 37.42 19.8 10 39.27 676.3 17.6 35.6 23 38.83 22.0 34.7 35.8 11 38.30 587.4 17.6 34.9 24 38.33 680.0 24.2 35.4 25 40.24 651.2 33.0 38.84 38.14 12 576.4 22.0 13 570.8 17.6 35.0 B Click here for the Excel Data File a. Determine the regression equation. (Negative value should be indicated with a minus sign. Round your answers to 4 decimal places.) X1 + X2 X3 b. Conduct a global test of hypothesis to determine whether any of the regression coefficients are not equal to zero. Use a = 0.05. (Round your answers to 2 decimal places.)

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I need help with A and B I have 2 hours and 30minutes to finish this
ere for the Excel Data File
a. Determine the regression equation. (Negative value should be indicated with a minus sign. Round your answers to 4 decimal
places.)
X2 +
X3
b. Conduct a global test of hypothesis to determine whether any of the regression coefficients are not equal to zero. Use a =
0.05. (Round your answers to 2 decimal places.)
Ho: B1 = B2 = B3 = 0
H: Not all B;'s = zero.
Reject Ho if F>
at least one
of the independent variables matter(s).
The null is
rejected
in favor of the alternative,
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Transcribed Image Text:ere for the Excel Data File a. Determine the regression equation. (Negative value should be indicated with a minus sign. Round your answers to 4 decimal places.) X2 + X3 b. Conduct a global test of hypothesis to determine whether any of the regression coefficients are not equal to zero. Use a = 0.05. (Round your answers to 2 decimal places.) Ho: B1 = B2 = B3 = 0 H: Not all B;'s = zero. Reject Ho if F> at least one of the independent variables matter(s). The null is rejected in favor of the alternative, < Prev 5 of 10 Next > MacBook Air 411 出
A market researcher is studying on-line subscription services. She is particularly interested in what variables relate to the number of
subscriptions for a particular on-line service. She is able to obtain the following sample information on 25 on-line subscription services.
The following notation is used:
Sub = Number of subscriptions (in thousands)
Web page hits = Average monthly count (in thousands)
Adv = The advertising budget of the service (in $ hundreds)
Price = Average monthly subscription price ($)
Web Page
Web Page
Hits
588.9
585.3
566.3
642.9
624.2
Service
Sub
Adv
Price
Service
Sub
Hits
Adv
Price
37.95
13.2
35.1
14
38.39
586.5
15.4
35.5
37.29
544.0
11.0
34.9
37.66
37.55
38.78
37.67
13.2
34.7
15
3
19.8
34.8
16
39.15
611.1
24.2
35.0
35.3
38.29
38.09
37.83
4
17.6
35.1
17
643.3
17.6
34.8
34.6
34.8
5.
17.6
635.6
19.8
15.4
35.1
603.9
571.9
584.3
6.
38.23
15.4
19
598.9
657.0
595.2
22.0
15.4
19.8
36.90
11.0
34.7
20
39.37
35.3
8.
38.28
28.6
35.3
21
37.81
35.1
520.0
629.6
38.95
605.0
28.6
35.1
22
37.42
35.1
22.0
24.2
35.3
34.7
38.83
676.3
587.4
10
39.27
17.6
35.6
23
38.30
17.6
34.9
24
38.33
680.0
11
40.24
651.2
33.0
35.8
35.4
35.0
12
38.84
576.4
22.0
25
13
38.14
570.8
17.6
D Click here for the Excel Data File
a. Determine the regression equation. (Negative value should be indicated with a minus sign. Round your answers to 4 decimal
places.)
X1+
X2
X3
b. Conduct a global test of hypothesis to determine whether any of the regression coefficients are not equal to zero. Use a =
0.05. (Round your answers to 2 decimal places.)
< Prev
5 of 10
Next >
MacBook
Transcribed Image Text:A market researcher is studying on-line subscription services. She is particularly interested in what variables relate to the number of subscriptions for a particular on-line service. She is able to obtain the following sample information on 25 on-line subscription services. The following notation is used: Sub = Number of subscriptions (in thousands) Web page hits = Average monthly count (in thousands) Adv = The advertising budget of the service (in $ hundreds) Price = Average monthly subscription price ($) Web Page Web Page Hits 588.9 585.3 566.3 642.9 624.2 Service Sub Adv Price Service Sub Hits Adv Price 37.95 13.2 35.1 14 38.39 586.5 15.4 35.5 37.29 544.0 11.0 34.9 37.66 37.55 38.78 37.67 13.2 34.7 15 3 19.8 34.8 16 39.15 611.1 24.2 35.0 35.3 38.29 38.09 37.83 4 17.6 35.1 17 643.3 17.6 34.8 34.6 34.8 5. 17.6 635.6 19.8 15.4 35.1 603.9 571.9 584.3 6. 38.23 15.4 19 598.9 657.0 595.2 22.0 15.4 19.8 36.90 11.0 34.7 20 39.37 35.3 8. 38.28 28.6 35.3 21 37.81 35.1 520.0 629.6 38.95 605.0 28.6 35.1 22 37.42 35.1 22.0 24.2 35.3 34.7 38.83 676.3 587.4 10 39.27 17.6 35.6 23 38.30 17.6 34.9 24 38.33 680.0 11 40.24 651.2 33.0 35.8 35.4 35.0 12 38.84 576.4 22.0 25 13 38.14 570.8 17.6 D Click here for the Excel Data File a. Determine the regression equation. (Negative value should be indicated with a minus sign. Round your answers to 4 decimal places.) X1+ X2 X3 b. Conduct a global test of hypothesis to determine whether any of the regression coefficients are not equal to zero. Use a = 0.05. (Round your answers to 2 decimal places.) < Prev 5 of 10 Next > MacBook
Expert Solution
Step 1

Here we use Excel to determine the regression equation. Steps to perform regression analysis in Excel;

  • Enter the data into a spreadsheet

Statistics homework question answer, step 1, image 1

  • Go to Data>Data Analysis>Regression>OK
  • Select the Sub column for Y-range and Web Page Hits, Adv and Price columns for X-range.
  • Check Labels>OK
  • The obtained result is;

Statistics homework question answer, step 1, image 2

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