Weekly Television Newspaper Advertising ($1,000s) Gross Advertising ($1,000s) Revenue ($1,000s) 96 1.5 91 2 2 95 4 1.5 93 2.5 2.5 95 3 3.2 94 3.5 2.2 94 2.5 4.1 94 2.5 (a) Use a = 0.01 to test the hypotheses Hoiß1 = B2 = 0 H: B, and/or ß, is not equal to zero for the model y = Bo + BqX1 + B2x2 + ɛ, where X1 = television advertising ($1,000s) X2 = newspaper advertising ($1,000s). %3D 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 vour.conclusion

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Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Topic Video
Question
Weekly
Television
Newspaper
Advertising
($1,000s)
Gross
Advertising
($1,000s)
Revenue
($1,000s)
96
1.5
91
2
2
95
4
1.5
93
2.5
2.5
95
3
3.2
94
3.5
2.2
94
2.5
4.1
94
2.5
(a) Use a = 0.01 to test the hypotheses
Hoiß1 = B2 = 0
H: B, and/or ß, is not equal to zero
for the model y = Bo + BqX1 + B2x2 + ɛ, where
X1
= television advertising ($1,000s)
X2 = newspaper advertising ($1,000s).
%3D
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 vour.conclusion
Transcribed Image Text:Weekly Television Newspaper Advertising ($1,000s) Gross Advertising ($1,000s) Revenue ($1,000s) 96 1.5 91 2 2 95 4 1.5 93 2.5 2.5 95 3 3.2 94 3.5 2.2 94 2.5 4.1 94 2.5 (a) Use a = 0.01 to test the hypotheses Hoiß1 = B2 = 0 H: B, and/or ß, is not equal to zero for the model y = Bo + BqX1 + B2x2 + ɛ, where X1 = television advertising ($1,000s) X2 = newspaper advertising ($1,000s). %3D 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 vour.conclusion
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