Hi, could you please help me with this problem? thank you The 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.WeeklyTelevision NewspaperGross Revenue Advertising Advertising($1000s)($1000s)($1000s)965.01.5902.02.0954.01.5922.52.5953.03.3943.52.3942.54.2943.02.5a. Use a = .01 to test the hypothesesHo: B1 = B2 = 0Ha: Bị and/or B, is not equal to zerofor the model y = Bo + B1x1 + B 2 x 2 + €, wherex, - television advertising ($1000s)X2 = newspaper advertising ($1000s)Compute the F test statistic (to 2 decimals). Use F table.What is the p-value?SelectWhat is your conclusion?Select b. Use a = .05 to test the significance of B 1. Compute the t test statistic (to 2 decimals). Use t table.What is the p-value?SelectWhat is your conclusion?SelectShould x 1 be dropped from the model?Selectc. Use a = .05 to test the significance of B 2. Compute the t test statistic (to 2 decimals). Use t table.What is the p-value?SelectWhat is your conclusion?SelectShould x 2 be dropped from the model?Select

Name: Hi, could you please help me with this problem? thank you The owner of
Uploaded: 2024-03-20T07:07:37.000Z
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Description: Hi, could you please help me with this problem? thank you The 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.WeeklyTelev