Homework Help is Here – Start Your Trial Now!
Math
Statistics
A manufacturing company would like to assess the effectiveness of the advertisement campaign that is currently using in order to increase the sales of its products. The campaign includes both printed form of advertisements and advertisements through the radio. During a trial period of about one month they collected data for 22 consecutive weeks. The company spent different amounts for advertising in those weeks using at least one of the two kinds of advertisements. The sales (denoted by sales) are measured in thousands of dollars and so are the amounts spent for printed forms of advertisements (denoted by print_ad) and through the radio (denoted by radio_ad). Some of the results of the analysis are given below. Intercept radio_ad print_ad Standard Coefficients Error t Stat 156.4304345 126.7578563 1.234089 Which of the following is TRUE P-value 0.232217 13.08068096 1.759373685 7.434851 4.89E-07 16.79527808 2.963377915 5.667613 1.83E-05 Επιλέξτε ένα: O a. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13080 dollars keeping the other variable constant O b. if the variable print_ad is increased by 1 thousand dollars the sales are going to increase by 16.7 dollars keeping the other variable constant O c. if the variable radio_ad is increased by 1 dollar the sales are going to increase by 13.08 thousand of dollars keeping the other variable constant O d. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13.08 dollars keeping the other variable constant

A manufacturing company would like to assess the effectiveness of the advertisement campaign that is currently using in order to increase the sales of its products. The campaign includes both printed form of advertisements and advertisements through the radio. During a trial period of about one month they collected data for 22 consecutive weeks. The company spent different amounts for advertising in those weeks using at least one of the two kinds of advertisements. The sales (denoted by sales) are measured in thousands of dollars and so are the amounts spent for printed forms of advertisements (denoted by print_ad) and through the radio (denoted by radio_ad). Some of the results of the analysis are given below. Intercept radio_ad print_ad Standard Coefficients Error t Stat 156.4304345 126.7578563 1.234089 Which of the following is TRUE P-value 0.232217 13.08068096 1.759373685 7.434851 4.89E-07 16.79527808 2.963377915 5.667613 1.83E-05 Επιλέξτε ένα: O a. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13080 dollars keeping the other variable constant O b. if the variable print_ad is increased by 1 thousand dollars the sales are going to increase by 16.7 dollars keeping the other variable constant O c. if the variable radio_ad is increased by 1 dollar the sales are going to increase by 13.08 thousand of dollars keeping the other variable constant O d. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13.08 dollars keeping the other variable constant

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
A manufacturing company would like to assess the effectiveness of the advertisement campaign that is currently using in order to increase the sales of its products. The campaign includes both printed form of advertisements and advertisements through the radio. During a trial period of about one month they collected data for 22 consecutive weeks. The company spent different amounts for advertising in those weeks using at least one of the two kinds of advertisements. The sales (denoted by sales) are measured in thousands of dollars and so are the amounts spent for printed forms of advertisements (denoted by print_ad) and through the radio (denoted by radio_ad). Some of the results of the analysis are given below. Intercept radio_ad print_ad Standard Coefficients Error t Stat 156.4304345 126.7578563 1.234089 P-value 0.232217 13.08068096 1.759373685 7.434851 4.89E-07 16.79527808 2.963377915 5.667613 1.83E-05 Which of the following is TRUE Επιλέξτε ένα: O a. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13080 dollars keeping the other variable constant O b. if the variable print_ad is increased by 1 thousand dollars the sales are going to increase by 16.7 dollars keeping the other variable constant O c. if the variable radio_ad is increased by 1 dollar the sales are going to increase by 13.08 thousand of dollars keeping the other variable constant O d. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13.08 dollars keeping the other variable constant
Transcribed Image Text:A manufacturing company would like to assess the effectiveness of the advertisement campaign that is currently using in order to increase the sales of its products. The campaign includes both printed form of advertisements and advertisements through the radio. During a trial period of about one month they collected data for 22 consecutive weeks. The company spent different amounts for advertising in those weeks using at least one of the two kinds of advertisements. The sales (denoted by sales) are measured in thousands of dollars and so are the amounts spent for printed forms of advertisements (denoted by print_ad) and through the radio (denoted by radio_ad). Some of the results of the analysis are given below. Intercept radio_ad print_ad Standard Coefficients Error t Stat 156.4304345 126.7578563 1.234089 P-value 0.232217 13.08068096 1.759373685 7.434851 4.89E-07 16.79527808 2.963377915 5.667613 1.83E-05 Which of the following is TRUE Επιλέξτε ένα: O a. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13080 dollars keeping the other variable constant O b. if the variable print_ad is increased by 1 thousand dollars the sales are going to increase by 16.7 dollars keeping the other variable constant O c. if the variable radio_ad is increased by 1 dollar the sales are going to increase by 13.08 thousand of dollars keeping the other variable constant O d. if the variable radio_ad is increased by 1 thousand dollars the sales are going to increase by 13.08 dollars keeping the other variable constant
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS