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Science-Related Homework Help Statistics and Probability Topic started by: bmh12e on Mar 5, 2023



Title: A regression model relating units sold (Y), price (X1), and whether or not promotion was used (X2 = ...
Post by: bmh12e on Mar 5, 2023

A regression model relating units sold (Y), price (X1), and whether or not promotion was used (X2 = 1 if promotion was used and 0 if it was not) resulted in the following model.



and the following information is provided.

n= 15Sb1 = .01Sb2 = 0.1


a.Is price a significant variable?
b.Is promotion significant?



Title: Re: A regression model relating units sold (Y), price (X1), and whether or not promotion was used (X2 = ...
Post by: shichihenge7 on Mar 5, 2023
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