1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dominik [7]
3 years ago
12

Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel lcd tv s

ales. according to the output below, the calculated t-statistic to determine if amount spent on advertising is a significant independent variable in explaining sony bravia sales is dependent variable is sales predictor coef se coef t p constant 90.19 25.08 3.60 0.001 price -0.03055 0.01005 -3.04 0.005 advertising 3.0926 0.3680 8.40 0.000 select one:
a. -3.04
Business
1 answer:
kogti [31]3 years ago
7 0

Answer:

Answer = 54

Explanation:

       Predictor                  Coef              SECoef               T             P

       Constant                  90.19             25.08              3.60         0.001

         Price                     0.03055       0.01005          −3.04         0.005

     Advertising              3.0926          0.3680             8.40         0.000

The required multiple regression model is :  

y = 90.19 - 0.03055   Price + 3.0926 Advertising

The estimated value of y for Price = 2199 and Advertising = 10 is :

y = 90.19-0.03055 x 2199+3.0926 x 10 = 53.94 ≈ 54

So , the number of units sold on average at a store that sells the Sony Bravia for​ $2199 and spends​ 10% of its advertising budget on the product is ≈ 54

You might be interested in
Why was agricultural sector declared as critical industry and exempt from the hardest lockdown regulations
Neko [114]

Answer:

Kindly check explanation

Explanation:

Food production and consumption is critical and key to survival, no matter an established and generally accepted number of daily square meal of 3 is widely adopted. This gives a clue tgta, no matter a country's problem or issues they face, aspects which concerns food and generally agriculture would be treated preferentially. Following the outbreak and severe spread of the deadly virus, it became imperative that affected nations introduced critical measures to try and curtail its spread, stringent measures include ; restriction of movement, strict emphasis on social distancing, hence, the need to reduce the number of people on a particular site or work area, travel restrictions, among others. This restrictions had s here effect on the agriculture and the food supply chain and its effect was quickly very noticeable as people would eventually die of hunger if nothing was done. This prompted government to introduce exemptions and preference afforded to the agricultural sector ; such as keppibg trade channels open in other to facilitate food distribution, timely observation and monitoring of food crisis among others.

4 0
3 years ago
The spaghetti sells 340 units per week at $12 per plate. The steak sells 212 units at $16 per plate. Which has the higher
stepan [7]

Answer:

a) Spaghetti

Explanation:

Dollar value means the actual amount raised from selling. In this case,

spaghetti will have  dollar sales of:

=340 x $12

=$4,080

Steak

=212 x $16

=$3,392

Therefore, spaghetti has higher dollar sales.

4 0
3 years ago
Why can’t businesses afford all of the factors of production all of the time?
gtnhenbr [62]

Answer:

ptaa ni...xdxdxdxdxd

6 0
3 years ago
Read 2 more answers
Kiwi Plc sold an antique painting which had been purchased inJanuary 1996 for £21,000. It was sold for £4,200 in January 2021. T
Hitman42 [59]

Answer:

$17,450

Explanation:

The antique painting that was bought in January 1996 was sold for $21,000

It was sold for 4,200 in January 2021

It received a net auction fee of 650

Therefore the allowable loss can be calculated as follows

= 21,000-4200+650

= 17,450

Hence the allowable loss is $17,450

5 0
3 years ago
When Free Trade Agreements are negotiated:___________
scZoUnD [109]

I inferred want to know more about free trade agreements.

<u>Explanation:</u>

Put simply, a <u>free trade agreement</u> occurs between two or more countries, in which the agreement removes barriers of trade (imports and exports) between the Countries.

For example, if country A sells shoes to country B, <em>under</em> a free trade agreement there will be no government tariffs imposed by country B on the goods imported from country A.

7 0
3 years ago
Other questions:
  • Juan has an authorized work permit issued by the u.s. government to work in the u.s. each day, juan travels from mexico to el pa
    8·1 answer
  • Kingbird, Inc. wrote checks totaling $43810 during October and $47839 during November. $41660 of these checks cleared the bank i
    5·1 answer
  • Who among the following is associated with contributions to quality control in operations management? Henry Ford Charles Babbage
    15·1 answer
  • Flare, an electronics company, created a low-cost, handheld washer that could run on solar-powered battery. The product was also
    11·1 answer
  • New Agency, Debby just got a job as an assistant in a new federal agency called the Ac and auditing profession. The agency is he
    14·1 answer
  • The optimum approach for escalation is based on a thorough integration of the monitoring process into the
    10·1 answer
  • Ambient Management, Inc. was experiencing a gap in the services it was providing. It closed the gap by ensuring that its custome
    8·1 answer
  • What are the 3 functions of banks?
    15·1 answer
  • Someone you look up to? And why?
    6·2 answers
  • Please help!!!!!!
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!