b. Use = 0.05 to test the significance of B1. Compute the t test statistic (to 2 decimals). Use t table. ssignment 8 Chapters 12 and 13for the model Y = Bo + B1x1 + B2x2 + E, where%3D= television advertising ($1000s)newspaper advertising ($1000s)• 11%3DCompute the F test statistic (to 2 decimals). Use F table.What is the p-value?- Select your answer -What is your conclusion?The overall model isSelect your answer - ▼b. Use a = 0.05 to test the significance of B1. Compute the t test statistic (to 2 decimals). Uset table.%3DWhat is the p-value?Select your answer -What is your conclusion?- Select your answer - v relationship between television advertising and revenueShould 1 be dropped from the model?- Select your answer -c. Use a = 0.05 to test the significance of B2. Compute the t test statistic (to 2 decimals). Use t table.What is the p-value?- Select your answerWhat is your conclusion? OThe owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample ofeight weeks follow.Click on the datafile logo to reference the data.DATA fileWeekly GrossTelevisionNewspaperRevenueAdvertisingAdvertising($1000s)($1000s)($1000s)965.01.5902.02.0954.01.5922.52.5953.03.3943.52.3942.54.2943.02.5a. Use a = 0.01 to test the hypothesesHo : B1 = B2 = 0Ha : B1 and/or B2 is not equal to zerofor the model y= Bo + B1xı + B2x2 + E, whereI1 = television advertising ($1000s)X2 = newspaper advertising ($1000s)%3DCompute the F test statistic (to 2 decimals). Use F table.What is the p-value?

Name: b. Use = 0.05 to test the significance of B1. Compute the t test stati
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Description: b. Use = 0.05 to test the significance of B1. Compute the t test statistic (to 2 decimals). Use t table. ssignment 8 Chapters 12 and 13for the model Y = Bo + B1x1 + B2x2 + E, where%3D= television advertising ($1000s)newspaper advertising ($1000s)• 11

The owner of movie theatre . Inc. would like to predict weekly gross revenue as a function of…

Answered: for the model y = Bo + B1a1 + B2x2 +E,…

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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b. Use = 0.05 to test the significance of B1. Compute the t test statistic (to 2 decimals). Use t table.

ssignment 8 Chapters 12 and 13
for the model Y = Bo + B1x1 + B2x2 + E, where
%3D
= television advertising ($1000s)
newspaper advertising ($1000s)
• 11
%3D
Compute the F test statistic (to 2 decimals). Use F table.
What is the p-value?
- Select your answer -
What is your conclusion?
The overall model is
Select your answer - ▼
b. Use a = 0.05 to test the significance of B1. Compute the t test statistic (to 2 decimals). Uset table.
%3D
What is the p-value?
Select your answer -
What is your conclusion?
- Select your answer - v relationship between television advertising and revenue
Should 1 be dropped from the model?
- Select your answer -
c. Use a = 0.05 to test the significance of B2. Compute the t test statistic (to 2 decimals). Use t table.
What is the p-value?
- Select your answer
What is your conclusion?

Transcribed Image Text:OThe owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. Click on the datafile logo to reference the data. DATA file Weekly Gross Television Newspaper Revenue Advertising Advertising ($1000s) ($1000s) ($1000s) 96 5.0 1.5 90 2.0 2.0 95 4.0 1.5 92 2.5 2.5 95 3.0 3.3 94 3.5 2.3 94 2.5 4.2 94 3.0 2.5 a. Use a = 0.01 to test the hypotheses Ho : B1 = B2 = 0 Ha : B1 and/or B2 is not equal to zero for the model y= Bo + B1xı + B2x2 + E, where I1 = television advertising ($1000s) X2 = newspaper advertising ($1000s) %3D Compute the F test statistic (to 2 decimals). Use F table. What is the p-value?

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