Price (cents)595959595979597979797979999999999999Promotional expenses200200400400600200500200200400800600200400200400800600Sales number 384235194630375451201916501536362295261841133532109620882114215933542927What is the standard error estimate State H0 and H1What’s the p valueDid you reject H0 SUMMARY OUTPUTRegression StatisticsMultiple RR SquareAdjusted R SquaStandard ErrorI DON'TWANT TO GOHUNTINGFORKNOWLEDGE:0.45120.20360.1538190.5463I WANTIT TOCOME ANDGRAB ME.Observations18ANOVAdfSSMSFSignificanceRegressionResidualTotal148518 148517.9580927 36307.9114.0905 0.06021617729444CoefficientsStandardt StatLowerP-valueError95%InterceptSales (Number140.9059 138.3461.0185060.3236 -152.40.082520.04082.0225010.0602-0.004SUMMARY OUTPUTRegression StatisticsMultiple RR SquareAdjusted R SquaStandard Error0.75050.56330.536771.5549Observations18ANOVAdfSSMSFSignificanceRegressionResidual1 1.2E+07 1228568020.638 0.000316 9524751595297Total17 2.2E+07StandardLowerCoefficientst StatP-valueError95%InterceptPrice (cents)7203.8528 898.3778.0187375.38E-07 5299.4-50.5917 11.1364-4.54290.0003-74.2 ALL MIGHT BE WELL,IF THIS WEREANOTHER PLACEAT ANOTHER TIME,SUMMARY OUTPUTRegression StatisticsMultiple RR SquareAdjusted R SquaStandard ErrorObservations0.91880.84440.8235475.8717ANDI WEREANOTHERPERSON.18ANOVASignificancedfSSMSF2 1.8E+07920681240.6565 8.771-07RegressionResidual15 3396808 226453.9Total17 2.2E+07LowerStandardt StatP-valueCoefficients95%Error10.87698-7.855141.6E-08 5073.5-68.956309.9944 580.124InterceptPrice (cents)-54.23356.90421.1E-06Promotional Expens2.9134 0.560065.2019660.0001 1.7197SUMMARY OUTPUTRegression StatisticsMultiple RR SquareAdjusted R Squa0.45120.20360.1538Standard ErrorObservations1041.925418ANOVASignificancedfSSMS1 444069544406954.0905 0.0602RegressionResidual16 1.7E+071085609Total17 2.2E+07StandardLowerCoefficientst StatP-value95%Error2206.4669 552.354 3.9946612.4673 1.21995 2.0225010.001 1035.5InterceptPromotional Expens0.0602 -0.119

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Answered: What is the standard error estimate…

Math

Statistics

What is the standard error estimate State H0 and H1 What’s the p value Did you reject H0

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter4: Polynomial And Rational Functions

Section4.6: Variation

Problem 4E

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