Data on advertising expenditures and revenue (in thousands of dollars) for the Four Seasons Restaurant follow.Advertising ExpendituresRevenue119233444641105314542055 Data on advertising expenditures and revenue (in thousands of dollars) for the Four Seasons Restaurant follow.Advertising ExpendituresRevenue1923344441105314542055a. Let a equal advertising expenditures and y equal revenue. Use the method of least squares to develop a straight line approximation of the relationship between the two variables (to 2 decimals).=29.80 +1.59 xb. Test whether revenue and advertising expenditures are related at a 0.05 level of significance.Compute the following (to 2 decimals).318.34SSE1045.4SST727.09SR727.09MSRMSE63.67Compute the F test statistic (to 2 decimals).11.42What is the p-value? Use Table 4 from Appendix B.- Select your answer -What is your conclusion?- Select your answer -

Use the Minitab and perform the Linear regression Followings are the Steps to perform the linear…

Answered: ata on advertising expenditures and…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Advertising Expenditures	Revenue
1	19
2	33
4	44
6	41
10	53
14	54
20	55