Question

TABLE 13-5 The managing partner of an advertising agency believes that his company's sales are related to the industry sales. He uses Microsoft Excel’s Data Analysis tool to analyze the last 4 years of quarterly data (i.e., n = 16) with the following results: Regression Statistics Multiple R 0.802 R Square 0.643 Adjusted R Square 0.618 Standard Error SYX 0.9224 Observations 16 ANOVA df SS MS F Sig.F Regression 1 21.497 21.497 25.27 0.000 Error 14 11.912 0.851 Total 15 33.409 Predictor Coef StdError tStat P-value Intercept 4.78 1.440 2.75 0.016 Industry 0.4889 0.008048 5.03 0.000 Durbin-Watson Statistic 1.59 Referring to Table 13-5, the estimates of the Y-intercept and slope are ________ and ________, respectively. Question 14 options: 4.78 and 0.4889 0.4889 and 4.78 2.75 and 5.03 1.44 and .008

Answer 1

Given,

Coefficient of intercept = Y - intercept = 4.78

Coefficient of industry = Slope = 0.4889

Option A is correct.