In the following estimated regression equation relating sales to inventory investment and advertising expenditures was given. = XXXXXXXXXX x 1 + 8 x 2 The data used to develop the model came from a...


In the following estimated regression equation relating sales to inventory investment and advertising expenditures was given.


 = 25 + 10x
1 + 8x
2


The data used to develop the model came from a survey of 10 stores; for these data SST = 16,000 and SSR = 12,000.


a. Compute SSE, MSE, and MSR.


b. Use anFtest and a .05 level of significance to determine whether there is a relationship among the variables.




May 25, 2022
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