Coca-Cola's revenue changes from year to year. Use the model to determine what percent of the variation is explained by Advertising? SUMMARY OUTPUT Regression Statistics Multiple R 0.5829 R Square 0.3398 Adjusted R Square 0.3058 Standard Error 4.514 Observations 14 Coefficients Standard Error Intercept 120.30 2.954 Items Ordered 2.10 0.411 52.63% 58.29% 66.02% 33.98% 41.71%

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Coca-Cola's revenue changes from year to year. Use the model to determine what percent
of the variation is explained by Advertising?
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.5829
R Square
0.3398
Adjusted R Square
0.3058
Standard Error
4.514
Observations
14
Coefficients
Standard Error
Intercept
120.30
2.954
Items Ordered
2.10
0.411
52.63%
58.29%
66.02%
33.98%
41.71%
Transcribed Image Text:Coca-Cola's revenue changes from year to year. Use the model to determine what percent of the variation is explained by Advertising? SUMMARY OUTPUT Regression Statistics Multiple R 0.5829 R Square 0.3398 Adjusted R Square 0.3058 Standard Error 4.514 Observations 14 Coefficients Standard Error Intercept 120.30 2.954 Items Ordered 2.10 0.411 52.63% 58.29% 66.02% 33.98% 41.71%
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