In a Regression Analysis Involving 18 Observations and Four Independent $\text { ANALYSIS OF VARIANCE }$

question 2

Essay

In a regression analysis involving 18 observations and four independent variables, the following information was obtained.
Multiple R = 0.6000 R Square = 0.3600
Standard Error = 4.8000
Based on the above information, fill in all the blanks in the following ANOVA table.
$\text { ANALYSIS OF VARIANCE }$
$\begin{array}{lcc}\text { Source of } & \text { Degrees } & \text { Sum of } & \text { Mean } \\\text { Variation } & \text { of Freedom } & \text { Squares } & \text { Square }&F\\\text { Regression } &\_\_\_?&\_\_\_? &\_\_\_?&\_\_\_? \\\text { Error } &\_\_\_? &\_\_\_?&\_\_\_? \\\end{array}$

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Definitions:

Operating Expenses

Operating expenses are the costs associated with the day-to-day operations of a business, excluding direct production costs, such as rent, utilities, and payroll.

Cost of Goods Sold

Costs directly connected to the creation of a company's sold goods, covering materials and workforce expenses.

Profit Center

A branch or division of a company that is responsible for its own revenues and expenses, and thus its own profitability.

Generates Revenues

The process of creating income for a business through various activities such as sales, services, and investments.