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A Regression Model Between Sales (Y in $1000), Unit Price

Question 54

Multiple Choice

A regression model between sales (y in $1000) , unit price (x1 in dollars) , and television advertisement (x2 in dollars) resulted in the following function: ​ A regression model between sales (y in $1000) , unit price (x<sub>1</sub> in dollars) , and television advertisement (x<sub>2</sub> in dollars)  resulted in the following function: ​   = 7 - 4x<sub>1</sub> + 5x<sub>2</sub> For this model, SSR = 3500, SSE = 1500, and the sample size is 20. The adjusted multiple coefficient of determination for this problem is A)  .70. B)  .8367. C)  .6647. D)  .3353. = 7 - 4x1 + 5x2
For this model, SSR = 3500, SSE = 1500, and the sample size is 20. The adjusted multiple coefficient of determination for this problem is


A) .70.
B) .8367.
C) .6647.
D) .3353.

Correct Answer:

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