Exhibit 13-2
a Regression Model Between Sales Y in $1,000) $\hat { Y }$

question 101

Multiple Choice

Exhibit 13-2
A regression model between sales Y in $1,000) , unit price X1 in dollars) and television advertisement X2 in dollars) resulted in the following function:
$\hat { Y }$ =7-3X1+5X2
For this model SSR = 3500, SSE = 1500, and the sample size is 18.
-Refer to Exhibit 13-2. To test for the significance of the model, the p-value is

• A) less than 0.01
• B) between 0.01 and 0.025
• C) between 0.025 and 0.05
• D) between 0.05 and 0.10

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Definitions:

Output

The result or data produced by a computer or system after processing input.

Bit Status

The current state (on or off) of a bit, representing the smallest unit of data in digital computing and communications.

Logic Continuity

Logic Continuity refers to the uninterrupted and consistent application of logical conditions and operations in a control or computational process.