Mathematics, 29.10.2020 17:00 2023greenlanden
A random sample of online music video views and number of guitar sales was measured, and the computer output for regression was obtained: Coefficients Standard Error t Stat P-value Intercept 7.856710924 1.316226455 5.969118 0.001889 Music Video Views 0.094781123 0.027926367 3.393965 0.019378 R-sq. = 69.73%R-sq. (adj) = 63.68% Part A: Use the computer output to determine the LSRL. Identify all the variables used in the equation. Part B: What proportion of the variation of guitar sales is explained by its linear relationship to music video views? Explain. Part C: Determine if increased guitar sales were caused by online music video views. Explain your reasoning.
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A random sample of online music video views and number of guitar sales was measured, and the compute...
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