Regression Analysis the Local Grocery Store Wants to Predict

question 68

Multiple Choice

Regression Analysis The local grocery store wants to predict the daily sales in dollars.The manager believes that the amount of newspaper advertising significantly affects the store sales.He randomly selects 7 days of data consisting of daily grocery store sales (in thousands of dollars) and advertising expenditures (in thousands of dollars) .The Excel/Mega-Stat output given above summarizes the results of the regression model. What is the value of the simple coefficient of determination?

• A)11.547
• B).762
• C).873
• D)6.6667
• E)1.6667

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Definitions:

Experienced

Having knowledge or skill in a particular field or activity as a result of participation or exposure.

Explicit Memory

The conscious, intentional recollection of factual information, previous experiences, and concepts.

Intentional Recollection

The deliberate effort to retrieve information from memory, often associated with conscious awareness.

Autobiographical Memory

A type of memory system consisting of episodes recollected from an individual's life, based on a combination of episodic (personal experiences) and semantic (general knowledge and facts) memory.