(Solution Library) Shown below is a portion of a computer output for a regression analysis relating Demand (Y) and Unit Price (X). What has been the sample size
Question: Shown below is a portion of a computer output for a regression analysis relating Demand (Y) and Unit Price (X).
- What has been the sample size for the above?
- Perform a t test and determine whether or not demand and unit price are related. Let a = 0.05.
- Compute the coefficient of determination and interpret its meaning.
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