Selling Price and Amount Spent Advertising Were Entered into a Multiple

Multiple Choice

Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales.The adjusted R² value was reported as 83.3%.This means that ________________________ .

A) selling price and amount spent advertising do not describe TV sales well
B) 83.3% of the variance in TV sales can be accounted for by selling price
C) 83.3% of the variance in TV sales can be accounted for by amount spent advertising
D) 83.3% of the variance in TV sales can be accounted for by the model including both selling price and amount spent advertising
E) both selling price and amount spent advertising are significant predictors of TV sales