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Unformatted text preview: d. Determine the coefficient of determination. e. Perform an analysis of variance on the regression, including an F- test of the overall significance of the result (at the 5% level). f. Based on the regression model, determine the best estimate of paint sales in a sales region where promotional expenditures are $80(000) and the selling price is $12.50. g. Determine the point promotional and price elasticities at the values of promotional expenditures and selling price given in part (f)....
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- Spring '11