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Selling price and amount spent advertising were entered into…

Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales.  Using the output below, estimate 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.  

Selling price and amount spent advertising were entered into…

Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales.  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 ________________________.  

Data were collected on Job Growth (%) and Industry in an att…

Data were collected on Job Growth (%) and Industry in an attempt to develop a model to predict Turnover Rate in a sample of 22 firms from the high tech (Industry = 1) and the financial services sector (Industry = 0).  Based on the output provided, the predicted turnover rate for a firm in the financial services sector with a 2% job growth rate is ________________________ .  

A multiple regression model was fit to data investigating wh…

A multiple regression model was fit to data investigating what factors affect the size of company bonuses including number of employees and whether or not the employees were unionized (1 = yes, 0 = no).  The regression coefficient of Union is 1259.5.  The correct interpretation of this value is that, for unionized companies compared to non-unionized companies of the same size (same number of employees), on average the annual average bonus is ________________________ .