The owner of a movie theater company would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. Weekly Gross Television Newspaper Advertising Advertising ($1,000s) Revenue ($1,000s) ($1,000s) 96 1.5 91 95 4 1.5 92 2.5 2.5 95 3 3.3 94 3.5 2.3 94 2.5 4.1 94 3 2.5 (a) Use g = 0.01 to test the hypotheses Ho:B, = 82 = 0 H: B, and/or B, is not equal to zero %3D for the model y = B, + B,x, + B,x, + E, where x, = television advertising ($1,000s) X2 = newspaper advertising ($1,000s). Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to three decimal places.) p-value = State your conclusion. O Reject Hg. There is insufficient evidence to conclude that there is a significant relationship among the variables. O Do not reject H. There is sufficient evidence to conclude that there is a significant relationship among the variables. O Do not reject Ho. There is insufficient evidence to conclude that there is a significant relationship among the variables. O Reject H,. There is sufficient evidence to conclude that there is a significant relationship among the variables.
The owner of a movie theater company would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. Weekly Gross Television Newspaper Advertising Advertising ($1,000s) Revenue ($1,000s) ($1,000s) 96 1.5 91 95 4 1.5 92 2.5 2.5 95 3 3.3 94 3.5 2.3 94 2.5 4.1 94 3 2.5 (a) Use g = 0.01 to test the hypotheses Ho:B, = 82 = 0 H: B, and/or B, is not equal to zero %3D for the model y = B, + B,x, + B,x, + E, where x, = television advertising ($1,000s) X2 = newspaper advertising ($1,000s). Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to three decimal places.) p-value = State your conclusion. O Reject Hg. There is insufficient evidence to conclude that there is a significant relationship among the variables. O Do not reject H. There is sufficient evidence to conclude that there is a significant relationship among the variables. O Do not reject Ho. There is insufficient evidence to conclude that there is a significant relationship among the variables. O Reject H,. There is sufficient evidence to conclude that there is a significant relationship among the variables.
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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