The owner of a new pizzeria in town wants to study the relationship between weekly revenue and advertising expenditures. All measures are recorded in thousands o dollars. The summary output for the regression model is given below. wer df SS Regression 1 16.75147827 Residual 6 5.751489304 Total 7 22.50296757 ANOVA F MS 16.75147827 17.47527715 0.95858155 Significance F 0.005811269 Which statistic is most appropriate for the pizzeria owner to determine the usefulness of the regression model and why? OR², since the model only has one independent variable. OR, since the model only has one independent variable. OR, since the model has multiple independent variables. OR², since the model has multiple independent variables. Tables Keypad Keyboard Shortcuts

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The owner of a new pizzeria in town wants to study the relationship between weekly revenue and advertising expenditures. All measures are recorded in thousands o
dollars. The summary output for the regression model is given below.
esc
1
option
wer
Ⓒ2022 Hawkes Learning
Z
Which statistic is most appropriate for the pizzeria owner to determine the usefulness of the regression model and why?
e
A S
2
X
command
3
E
df
SS
Regression 1 16.75147827
Residual 6 5.751489304
Total
7 22.50296757
D
C
$
4
>
R
F
OR2, since the model only has one independent variable.
OR, since the model only has one independent variable.
OR, since the model has multiple independent variables.
OR2, since the model has multiple independent variables.
"0.7018"
5
T
G
ANOVA
MS
F
Significance F
16.75147827 17.47527715 0.005811269
0.95858155
6
B
MacBook Pro
IH
7
N
8
M
9
K
<
H
*
0
command
P
A
1
Tables
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Transcribed Image Text:^ The owner of a new pizzeria in town wants to study the relationship between weekly revenue and advertising expenditures. All measures are recorded in thousands o dollars. The summary output for the regression model is given below. esc 1 option wer Ⓒ2022 Hawkes Learning Z Which statistic is most appropriate for the pizzeria owner to determine the usefulness of the regression model and why? e A S 2 X command 3 E df SS Regression 1 16.75147827 Residual 6 5.751489304 Total 7 22.50296757 D C $ 4 > R F OR2, since the model only has one independent variable. OR, since the model only has one independent variable. OR, since the model has multiple independent variables. OR2, since the model has multiple independent variables. "0.7018" 5 T G ANOVA MS F Significance F 16.75147827 17.47527715 0.005811269 0.95858155 6 B MacBook Pro IH 7 N 8 M 9 K < H * 0 command P A 1 Tables Keypad Keyboard Shortcuts Submit Answer 3 ? O
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