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# HWK 21 - Homework#19 Problem#52onPg628 BusIssue BusQuestion...

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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 0 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 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 Std Error = 5.04 Standard deviation of rating left over after the above relationship T -Test T = 5.37 P-value = .00066

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HWK 21 - Homework#19 Problem#52onPg628 BusIssue BusQuestion...

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