The output of a different regression analysis on the effect of radio advertising spending, television advertising spending and online advertising spending on sales is given below. For this study they explored 3 different types of advertising spending (radio, television and online). They modelled it as y = ao + a1¤1 +az¤2 + az¤3. The table below gives the summary output of this regression analysis. Regression Analysis: Sales versus Spend Analysis of Variance Source DF s MS F-Value P-Value Regression dfreg 23,986.44 MSR F-val p-val Error dferr 558.52 MSE Total 38

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
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The output of a different regression analysis on the effect of radio advertising spending, television advertising spending and online advertising spending
on sales is given below. For this study they explored 3 different types of advertising spending (radio, television and online). They modelled it as
y = ao + a1¤1 + az¤2 + az¤3. The table below gives the summary output of this regression analysis.
Regression Analysis: Sales versus Spend
Analysis of Variance
Source
DF
s
MS
F-Value
P-Value
Regression
d freg
23,986.44
MSR
F-val
p-val
Error
dferr
558.52
MSE
Total
38
Find the Mean Squares for Regression (MSR) for this problem. Give your answer to 3 decimal places.
Transcribed Image Text:The output of a different regression analysis on the effect of radio advertising spending, television advertising spending and online advertising spending on sales is given below. For this study they explored 3 different types of advertising spending (radio, television and online). They modelled it as y = ao + a1¤1 + az¤2 + az¤3. The table below gives the summary output of this regression analysis. Regression Analysis: Sales versus Spend Analysis of Variance Source DF s MS F-Value P-Value Regression d freg 23,986.44 MSR F-val p-val Error dferr 558.52 MSE Total 38 Find the Mean Squares for Regression (MSR) for this problem. Give your answer to 3 decimal places.
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