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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sales manager is interested in determining the relationship between the amount spent on advertising and total sales.The manager collects data for the past 24 months and runs a regression of sales on advertising expenditures.The results are presented below but,unfortunately,some values identified by asterisks are missing.
SUMMARY OUTPUT
-The value of mean square error is:
Enforceable
Capable of being executed or carried out under the law.
Agreement
A mutual understanding or arrangement between two or more parties, often formalized in a contract, outlining terms and conditions.
Tort
A wrongful act or an infringement of a right leading to civil legal liability.
Contract
An agreement between two or more parties that is binding by law and comes with mutual responsibilities.
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