THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sales manager is interested in determining the relationship between the amount spent on advertising and total sales.The manager collects data for the past 24 months and runs a regression of sales on advertising expenditures.The results are presented below but,unfortunately,some values identified by asterisks are missing.
SUMMARY OUTPUT
-If the regression line = 3 + 2x has been fitted to the data points (4,8),(2,5),and (1,2),the residual sum of squares will be:
A)10
B)15
C)13
D)22

Question

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sales manager is interested in determining the relationship between the amount spent on advertising and total sales.The manager collects data for the past 24 months and runs a regression of sales on advertising expenditures.The results are presented below but,unfortunately,some values identified by asterisks are missing.
SUMMARY OUTPUT 
-If the regression line  = 3 + 2x has been fitted to the data points (4,8),(2,5),and (1,2),the residual sum of squares will be:
A)10 
B)15 
C)13 
D)22

Quizplus · Accepted Answer

The Answer of THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A sales manager is interested in determining the relationship between the amount spent on advertising and total sales.The manager collects data for the past 24 months and runs a regression of sales on advertising expenditures.The results are presented below but,unfortunately,some values identified by asterisks are missing.
SUMMARY OUTPUT 
-If the regression line  = 3 + 2x has been fitted to the data points (4,8),(2,5),and (1,2),the residual sum of squares will be:
A)10 
B)15 
C)13 
D)22