The output of a another regression analysis on the effect of radio advertising spending, television advertising spending and online advertising spending on sales is given below. For this study they...


The output of a another regression analysis on the effect of radio advertising spending, television advertising spending and online advertising spending on<br>sales is given below. For this study they explored 3 different types of advertising spending (radio, television and online). They modelled it as<br>y = ao + a1¤1+a2x2 + a3X3. The table below gives the summary output of this regression analysis.<br>Regression Analysis: Sales versus Spend<br>Analysis of Variance<br>Source<br>DF<br>MS<br>F-Value<br>P-Value<br>Regression<br>dfreg<br>MSR<br>10.00<br>F-val<br>p-val<br>Error<br>dferr<br>560.58<br>MSE<br>Total<br>38<br>Find the Mean Squares Error (MSE ) in the above table. Give your answer to 3 decimal places.<br>

Extracted text: The output of a another regression analysis on the effect of radio advertising spending, television advertising spending and online advertising spending on sales is given below. For this study they explored 3 different types of advertising spending (radio, television and online). They modelled it as y = ao + a1¤1+a2x2 + a3X3. The table below gives the summary output of this regression analysis. Regression Analysis: Sales versus Spend Analysis of Variance Source DF MS F-Value P-Value Regression dfreg MSR 10.00 F-val p-val Error dferr 560.58 MSE Total 38 Find the Mean Squares Error (MSE ) in the above table. Give your answer to 3 decimal places.

Jun 09, 2022
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