a. Use e = .01 to test the hypotheses for the model y = Po + P1 + Pa2 +4 nhere: Hg: - - 0 Hgi B: and/or 0 Compute the F test statistic (to 2 decimals). 56.34 O What is the prvalue? Less than .01 What is your conclusion? The overall model is significant b. Use a-.05 to test the significance of B. Compute the t test statistic (to 2 decimals). 10.56 3 What is the p-value? Less than 01 What is your conclusion? Significant relationship between television advertising and revenue Should be dropped from the model? No. x1 should not be dropped from the model vO c. Use a= .05 to test the significance of 82. Compute the t test statistic (to 2 decimals). 5.29 8 What is the p-value? Less than 01 What is your conclusion? Significant relationship between newspaper advertising and revenue Should z be dropped from the model? No. 2 should not be dropped from the model vO d. The owner plans to spend (in $1000s) $5 on television advertising and $3.8 on nevspaper advertising. What is the expected revenue (in s1000s) for this advertising combination (to the nearest whole number)?
a. Use e = .01 to test the hypotheses for the model y = Po + P1 + Pa2 +4 nhere: Hg: - - 0 Hgi B: and/or 0 Compute the F test statistic (to 2 decimals). 56.34 O What is the prvalue? Less than .01 What is your conclusion? The overall model is significant b. Use a-.05 to test the significance of B. Compute the t test statistic (to 2 decimals). 10.56 3 What is the p-value? Less than 01 What is your conclusion? Significant relationship between television advertising and revenue Should be dropped from the model? No. x1 should not be dropped from the model vO c. Use a= .05 to test the significance of 82. Compute the t test statistic (to 2 decimals). 5.29 8 What is the p-value? Less than 01 What is your conclusion? Significant relationship between newspaper advertising and revenue Should z be dropped from the model? No. 2 should not be dropped from the model vO d. The owner plans to spend (in $1000s) $5 on television advertising and $3.8 on nevspaper advertising. What is the expected revenue (in s1000s) for this advertising combination (to the nearest whole number)?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
100%
Trying to find the answers for A through D. This was all the information that was given.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps with 1 images
Knowledge Booster
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.Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
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
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
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
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
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
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman