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The Following Is Part of the Results of a Regression α\alpha

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The following is part of the results of a regression analysis involving sales (Y in millions of dollars),advertising expenditures (X1 in thousands of dollars),and number of salespeople (X2)for a corporation.The regression was performed on a sample of 10 observations.
 The following is part of the results of a regression analysis involving sales (Y in millions of dollars),advertising expenditures (X<sub>1</sub> in thousands of dollars),and number of salespeople (X<sub>2</sub>)for a corporation.The regression was performed on a sample of 10 observations.     a.If the company uses $40,000 in advertisement and has 30 salespersons,what are the expected sales? Give your answer in dollars. b.At  \alpha  = 0.05,test for the significance of the coefficient of advertising. c.At  \alpha  = 0.05,test for the significance of the coefficient of the number of salespeople.
a.If the company uses $40,000 in advertisement and has 30 salespersons,what are the expected sales? Give your answer in dollars.
b.At α\alpha = 0.05,test for the significance of the coefficient of advertising.
c.At α\alpha = 0.05,test for the significance of the coefficient of the number of salespeople.

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Definitions:

Hyperopia

A common vision condition, also known as farsightedness, where distant objects may be seen more clearly than objects that are near.

Impaired Vision

A reduction in the ability to see to a degree that causes problems not fixable by usual means, such as glasses. This can range from slight visual impairments to total blindness.

Sunglasses

Eyewear designed to protect the eyes from excessive sunlight and harmful ultraviolet (UV) rays.

Visual Field

The visual field is the total area in which objects can be seen in the peripheral vision while the eye is focused on a central point, important for assessing vision and diagnosing eye conditions.

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