The output of a another regression analysis on the effect of radio advertising spending, television advertising spending and online advertising spending on sales is given below. For this study they explored 3 different types of advertising spending (radio, television and online). They modelled it as y = ao + a1¤1+az¤2 + azX3. The table below gives the summary output of this regression analysis. Regression Analysis: Sales versus Spend Analysis of Variance Source DF MS F-Value P-Value Regression dfreg 10.00 MSR F-val p-val Error dferr 560.58 MSE Total 38 Find the Mean Squares Error (MSE ) in the above table. Give your answer to 3 decimal places.

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The output of a another regression analysis on the effect of radio advertising spending, television advertising spending and online advertising spending on
sales is given below. For this study they explored 3 different types of advertising spending (radio, television and online). They modelled it as
y = ao + a1¤1+a2x2 + a3X3. The table below gives the summary output of this regression analysis.
Regression Analysis: Sales versus Spend
Analysis of Variance
Source
DF
MS
F-Value
P-Value
Regression
dfreg
MSR
10.00
F-val
p-val
Error
dferr
560.58
MSE
Total
38
Find the Mean Squares Error (MSE ) in the above table. Give your answer to 3 decimal places.
Transcribed Image Text:The output of a another regression analysis on the effect of radio advertising spending, television advertising spending and online advertising spending on sales is given below. For this study they explored 3 different types of advertising spending (radio, television and online). They modelled it as y = ao + a1¤1+a2x2 + a3X3. The table below gives the summary output of this regression analysis. Regression Analysis: Sales versus Spend Analysis of Variance Source DF MS F-Value P-Value Regression dfreg MSR 10.00 F-val p-val Error dferr 560.58 MSE Total 38 Find the Mean Squares Error (MSE ) in the above table. Give your answer to 3 decimal places.
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The MSE is the mean square of error of the regression.

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