The relationship between sules (Y), Radio advertising costs (X1) aud print advertising costs (X2), for the last fourteen (14) years for Eye-optics is as follows: Y =0.64 + 1.66X+0.02X2 (0.02) (0.08) (0.009). R^2= 0.975
The relationship between sules (Y), Radio advertising costs (X1) aud print advertising costs (X2), for the last fourteen (14) years for Eye-optics is as follows: Y =0.64 + 1.66X+0.02X2 (0.02) (0.08) (0.009). R^2= 0.975
Chapter3: Functions
Section3.3: Rates Of Change And Behavior Of Graphs
Problem 3SE: How are the absolute maximum and minimum similar to and different from the local extrema?
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Question Flyo: The relationship between sules (Y), Radio advertising costs (X1) aud print advertising costs (X2), for the last fourteen (14) years for Eye-optics is as follows:
Y =0.64 + 1.66X+0.02X2
(0.02) (0.08) (0.009).
R^2= 0.975
(a) Test the hypothesis that the partial slopes are equal to zero at the 5% level of signiticance.
(b) Interpret the results based on economle theory.
C, Test the significance of R^2 and explain how this result relates to tho result in part (a)
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