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Market Weekly Gross Revenue ($100s) Television Advertising Newspaper Advertising Mobile 101.3 5.0 1.5 Shreveport 51.9 3.0 3.0 Jackson 74.8 4.0 1.5 Birmingham 126.2 4.3 4.3 Little Rock 137.8 3.6 4.0 Biloxi 101.4 3.5 2.3 New Orleans 237.8 5.0 8.4 Baton Rouge 219.6 6.9 5.8 Can I get this all done on excel if possible with step by step instruction thank you!

Market Weekly Gross Revenue ($100s) Television Advertising Newspaper Advertising Mobile 101.3 5.0 1.5 Shreveport 51.9 3.0 3.0 Jackson 74.8 4.0 1.5 Birmingham 126.2 4.3 4.3 Little Rock 137.8 3.6 4.0 Biloxi 101.4 3.5 2.3 New Orleans 237.8 5.0 8.4 Baton Rouge 219.6 6.9 5.8 Can I get this all done on excel if possible with step by step instruction thank you!

MATLAB: An Introduction with Applications
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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Market Weekly Gross Revenue ($100s) Television Advertising Newspaper Advertising
Mobile 101.3 5.0 1.5
Shreveport 51.9 3.0 3.0
Jackson 74.8 4.0 1.5
Birmingham 126.2 4.3 4.3
Little Rock 137.8 3.6 4.0
Biloxi 101.4 3.5 2.3
New Orleans 237.8 5.0 8.4
Baton Rouge 219.6 6.9 5.8

Can I get this all done on excel if possible with step by step instruction thank you!

Question 1: Use the data file A3Q1.xlsx to answer this question. Dixie Showtime Movie Theaters, Inc., owns and operates a chain of cinemas in several markets in the southern United States. The owners would like to estimate weekly gross revenue as a function of ad- vertising expenditures. a. Develop an estimated regression equation with the amount of television advertis- ing as the independent variable. Test for a significant relationship between televi- sion advertising and weekly gross revenue at the 0.05 level of significant. What is the interpretation of this relationship? b. How much of the variation in the sample values of weekly gross revenue does the model in part (a) explain? c. Develop an estimated regression equation with both television advertising and newspaper advertising as the independent variables. Test whether each of the regression parameters Bo, B1, and 3, is equal to zero at a 0.05 level of significance. What are the correct interpretations of the estimated regression parameters? Are these interpretations reasonable? d. How much of the variation in the sample values of weekly gross revenue does the model in part (c) explain?
Transcribed Image Text:Question 1: Use the data file A3Q1.xlsx to answer this question. Dixie Showtime Movie Theaters, Inc., owns and operates a chain of cinemas in several markets in the southern United States. The owners would like to estimate weekly gross revenue as a function of ad- vertising expenditures. a. Develop an estimated regression equation with the amount of television advertis- ing as the independent variable. Test for a significant relationship between televi- sion advertising and weekly gross revenue at the 0.05 level of significant. What is the interpretation of this relationship? b. How much of the variation in the sample values of weekly gross revenue does the model in part (a) explain? c. Develop an estimated regression equation with both television advertising and newspaper advertising as the independent variables. Test whether each of the regression parameters Bo, B1, and 3, is equal to zero at a 0.05 level of significance. What are the correct interpretations of the estimated regression parameters? Are these interpretations reasonable? d. How much of the variation in the sample values of weekly gross revenue does the model in part (c) explain?
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