Alan Bissell,a Market Analyst for City Sound Mart,is Analyzing Sales

question 36

Multiple Choice

Alan Bissell,a market analyst for City Sound Mart,is analyzing sales of heavy metal CD's.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) ,and his independent variables are teenage population (in 1,000's) and type of sales district (0 = urban,1 = rural) .Regression analysis of the data yielded the following tables: Alan's model is ___.

• A)y = 1.7 + 0.384212 x₁ + 4.424638 x₂ + 0.00166 x₃
• B)y = 1.7 + 0.04 x₁ + 1.5666667 x₂
• C)y = 0.384212 + 0.014029 x₁ + 0.20518 x₂
• D)y = 4.424638 + 2.851146 x₁ - 7.63558 x₂
• E)y = 1.7 + 0.04 x₁ - 1.5666667 x₂

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Definitions:

Colonial Products

Goods and commodities that were traditionally produced in colonies, such as tea, sugar, coffee, and spices, often exploited for economic gain by colonial powers.

Yamasee War

The Yamasee War was a conflict between colonial South Carolina and several Native American tribes, including the Yamasee, in 1715-1717, partly due to disputes over trade and territory.

Indian Tribes

Indigenous groups in the United States, recognized as sovereign entities with their own governance and cultural practices.

Carolinas

Refers to the region comprised of the U.S. states North Carolina and South Carolina, originally established as a single British colony.