HWK 21 - Homework #19 Problem #52 on Pg 628 Bus Issue Media...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Homework #19 Problem #52 on Pg 628 Bus Issue Media expendatures and shipments for 10 major brands of beer Bus Question Data sample of 10 major brands of beer Brand Budweiser 120 36.3 Bud Light 68.7 20.7 Miller Lite 100.1 15.9 Coors Light 76.6 13.2 Busch 8.7 8.1 Natural Light 0.1 7.1 Miller Genuine Dra 21.5 5.6 Miller High Lite 1.4 4.4 Busch Light 5.3 4.3 Milwaukee's Best 1.7 4.3 Analysis STEP 1 SUMMARY OUTPUT Regression Statistics Multiple R 0.89 R Square 0.78 Adjusted R Squa 0.76 Standard Error 5.04 Observations 10 ANOVA df SS MS F ignificance F Regression 1 735.84 735.84 28.93 Residual 8 203.51 25.44 Total 9 939.35 Coefficients Standard Error t Stat P-value Lower 95%Upper 95% Intercept 4.09 2.17 1.89 0.1-0.91 9.09 Media Expenditu 0.2 0.04 5.38 0.11 0.28 STEP 2 Estimate the Model Shipments = 4.09+.20*(media expendatures) Asses the Estimated Model More than 78% of rating variaton in this sample is accounted for by this relationship...
View Full Document

This note was uploaded on 07/17/2011 for the course STATS 211 taught by Professor Dunne during the Spring '07 term at University of Dayton.

Page1 / 2

HWK 21 - Homework #19 Problem #52 on Pg 628 Bus Issue Media...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online