Alan Ho, a market analyst for Clear Sound Inc., is analyzing sales of heavy metal CD's.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variables are teenage population (in 1,000's) and type of sales district (0 = urban, 1 = rural) .Regression analysis of the data yielded the following tables: Alan's model is ___.
A) y = 1.7 + 0.384212 x1 + 4.424638 x2 + 0.00166 x3
B) y = 1.7 + 0.04 x1 + 1.5666667 x2
C) y = 0.384212 + 0.014029 x1 + 0.20518 x2
D) y = 4.424638 + 2.851146 x1 - 7.63558 x2
E) y = 1.7 + 0.04 x1 - 1.5666667 x2
Correct Answer:
Verified
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