Exhibit 15-2 A Regression Model Between Sales (Y in $1,000), Unit Price

question 48

Multiple Choice

Exhibit 15-2
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: = 7 - 3x₁ + 5x₂
For this model SSR = 3500, SSE = 1500, and the sample size is 18.
-Refer to Exhibit 15-2. If SSR = 600 and SSE = 300, the test statistic F is

• A)2.33
• B)0.70
• C)17.5
• D)1.75

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