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bmh12e bmh12e
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A year ago

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?

Textbook 
Essentials of Statistics for Business and Economics

Essentials of Statistics for Business and Economics


Edition: 7th
Authors:
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shichihenge7shichihenge7
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A year ago
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bmh12e Author
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A year ago
this is exactly what I needed
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Smart ... Thanks!
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You make an excellent tutor!
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