q20- Dependent Variable: SALESMethod: Least SquaresDate: 09/04/20 Time: 22:23Sample: 1 75Included observations: 75VariableсPRICEADVERTR-squaredAdjusted R-squaredS.E. of regressionSum squared residLog likelihoodF-statisticProb(F-statistic)t-Statistic Prob.118.9136 6.351638 18.72172 0.0000-7.907854 1.095993 -7.215241 0.00001.862584 0.683195 2.7262830.0080CoefficientStd. Error0.448258 Mean dependent var0.432932 S.D. dependent var4.886124 Akaike info criterion1718.943 Schwarz criterion-223.8695 Hannan-Quinn criter.29.24786 Durbin-Watson stat0.00000077.374676.4885376.0498546.1425536.0868682.183037Select one:O a. AIC selects Model B and SC selects Model AO b. Both AIC and SC select Model BDependent Variable: SALESMethod: Least SquaresDate: 09/05/20 Time: 10:59Sample: 1 75Included observations: 75R-squaredAdjusted R-squaredS.E. of regressionSum squared residLog likelihoodF-statisticProb(F-statistic)The results on the left panel is labeled Model A, and the right panel Model B.Which statement is correct?O c. AIC selects Model A and SC selects Model BO d. Both AIC and SC select Model AVariableCPRICEADVERTADVERT^2CoefficientStd. Error t-Statistic Prob.109.7190 6.799045 16.13742 0.0000-7.640000 1.045939 -7.304442 0.000012.15124 3.556164 3.416950 0.0011-2.767963 0.940624 -2.942688 0.00440.508235 Mean dependent var0.487456 S.D. dependent var4.645283 Akaike info criterion1532.084 Schwarz criterion-219.5540 Hannan-Quinn criter.24.45932 Durbin-Watson stat0.00000077.374676.4885375.9614406.0850396.0107922.043061

The regression equation shows the relationship between dependent and independent variables. Simple…

The results on the left panel is labeled Model A, and the right panel Model B. Which statement is correct? Select one: AIC selects Model B and SC selects Model A O b. Both AIC and SC select Model B O c. AIC selects Model A and SC selects Model B O d. Both AIC and SC select Model A

The results on the left panel is labeled Model A, and the right panel Model B. Which statement is correct? Select one: AIC selects Model B and SC selects Model A O b. Both AIC and SC select Model B O c. AIC selects Model A and SC selects Model B O d. Both AIC and SC select Model A

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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