Alan Bissell, a Market Analyst for City Sound Online Mart

question 69

Multiple Choice

Alan Bissell, a market analyst for City Sound Online Mart, is analyzing sales from heavy metal song downloads.Alan's dependent variable is annual heavy metal song download sales (in $1,000,000's) , and his independent variables are website visitors (in 1,000's) and type of download format requested (0 = MP3, 1 = other) .Regression analysis of the data yielded the following tables. $$\begin{array} { | c | c | c | c | c | } \hline & \text { Coefficients } & \text { Standard Error } & t \text { Statistic } & p \text {-value } \\\hline \text { Iritercept } & 1.7 & 0.384212 & 4.424638 & 0.00166 \\\hline x _ { 1 } \text { (websitevisitors) } & 0.04 & 0.014029 & 2.851146 & 0.019054 \\\hline x _ { 2 } \text { (download format) } & - 1.5666667 & 0.20518 & - 7.63558 & 3.21 E - 05 \\\hline\end{array}$$ For 'other' download formats with 10,000 website visitors, Alan's model predicts annual sales of heavy metal song downloads of ________________.

• A)$2,100,000
• B)$524,507
• C)$533,333
• D)$729,683
• E)$210,000

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