Using multiple regression, determine the expected number of tickets sold if you spend $5800 in Podcast Ads, and $1200 in Billboard Ads? SUMMARY OUTPUT Regression Statistics Multiple R 0.7521 R Square 0.5657 Adjusted R Square 0.5115 Standard Error 0.0708 Observations 19 Standard P-Value Coefficients Error Intercept 500 0.851 0.050 Podcast Ads .50 0.224 0.025 Billboard Ads .40 0.418 0.035 4285 3105 4950 3880 2635

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Using multiple regression, determine the expected number of tickets sold if you spend
$5800 in Podcast Ads, and $1200 in Billboard Ads?
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.7521
R Square
0.5657
Adjusted R Square
0.5115
Standard Error
0.0708
Observations
19
Standard
P-Value
Coefficients
Error
Intercept
500
0.851
0.050
Podcast Ads
.50
0.224
0.025
Billboard Ads
.40
0.418
0.035
4285
3105
4950
3880
2635
Transcribed Image Text:Using multiple regression, determine the expected number of tickets sold if you spend $5800 in Podcast Ads, and $1200 in Billboard Ads? SUMMARY OUTPUT Regression Statistics Multiple R 0.7521 R Square 0.5657 Adjusted R Square 0.5115 Standard Error 0.0708 Observations 19 Standard P-Value Coefficients Error Intercept 500 0.851 0.050 Podcast Ads .50 0.224 0.025 Billboard Ads .40 0.418 0.035 4285 3105 4950 3880 2635
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