Regression Analysis Was Applied Between Sales Data (Y in $1000s)

question 38

Multiple Choice

Regression analysis was applied between sales data (y in $1000s) and advertising data (x in $100s) and the following information was obtained. $$\begin{array} { l } \widehat { y } = 12 + 1.8 x \\n = 17 \\\mathrm { SSR } = 225 \\\mathrm { SSE } = 75 \\\mathrm {~s} b _ { 1 } = .2683\end{array}$$ The critical t value for testing the significance of the slope, at a .05 level of significance, is

• A) 1.753.
• B) 2.131.
• C) 1.746.
• D) 2.120.

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Definitions:

Trench Warfare

A method of combat during World War I in which opposing troops fought from systems of trenches dug into the ground.

Battle of the Marne

A significant First World War battle near the Marne River in France in 1914, which resulted in a victory for the Allies, halting the German advance towards Paris.

Triple Entente

An alliance formed in the early 20th century between France, Russia, and Great Britain, which played a significant role in the build-up to World War I.

Triple Alliance

An agreement made in 1882 between Germany, Austria-Hungary, and Italy, forming a powerful bloc that stood until the beginning of World War I.