Consider the Following to Answer the Question(s) Below

question 20

Multiple Choice

Consider the following to answer the question(s) below:
What affects 4K Ultra HD Smart TV sales? TVs are sold through a variety of outlets. Sales figures (number of units) for the Samsung 7 Series were obtained for last quarter from a sample of 30 different stores. Also collected were data on the selling price and amount spent on advertising the Samsung 7 Series (as a percentage of total advertising expenditure in the previous quarter) at each store. Below are the results.
-Which of the following statements is true at α = .05?

• A) The multiple regression model is not significant overall.
• B) Price is not a significant independent variable in explaining Samsung 7 Series sales.
• C) There is no evidence that Advertising is a significant independent variable in explaining Samsung 7 Series sales.
• D) All we can say is that the multiple regression model is significant overall and only Price is a significant independent variable in explaining Samsung 7 Series sales.
• E) We can say that the multiple regression model is significant overall. Also, both variables (Price and Advertising) are significant in explaining Samsung 7 Series sales.

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Definitions:

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Tangible help.