The owner then used multiple regression analysis to predict gross revenue ty), in thousands of doltars, as a function of television advertising (), in thousands of detan, and newpaper advertising (x), in thousands of dollars. The estimated regression equation was 9- 83.2 + 2.29, + 1.30x (a) What is the gross revenue (in dollars) expected for a week when s5,000 is spent on television advertising (,- 5) and $1,500 spent on newspaper advertising 5P (Round your answer to the nearest dollar.) $96600 (b) Provide a 95% confidence interval (in dallars) for the mean revenue of all weeks with the expenditures listed in part (a). (Round your answers to the nearest dollar) x to s (c) Provide a 95% prediction interval (in dollars) for next week's revenue, assuming that the advertising expenditures will be alocated as in part (a). (Round your answers to the nearest dollar.) X to s

The owner then used multiple regression analysis to predict gross revenue ty), in thousands of doltars, as a function of television advertising (), in thousands of detan, and newpaper advertising (x), in thousands of dollars. The estimated regression equation was 9- 83.2 + 2.29, + 1.30x (a) What is the gross revenue (in dollars) expected for a week when s5,000 is spent on television advertising (,- 5) and $1,500 spent on newspaper advertising 5P (Round your answer to the nearest dollar.) $96600 (b) Provide a 95% confidence interval (in dallars) for the mean revenue of all weeks with the expenditures listed in part (a). (Round your answers to the nearest dollar) x to s (c) Provide a 95% prediction interval (in dollars) for next week's revenue, assuming that the advertising expenditures will be alocated as in part (a). (Round your answers to the nearest dollar.) X to s

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.3: Measures Of Spread

Problem 1GP

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