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Alan Ho, a Market Analyst for Clear Sound Inc

Question 74

Multiple Choice

Alan Ho, a market analyst for Clear Sound Inc., is analyzing sales of heavy metal CD's.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variables are teenage population (in 1,000's) and type of sales district (0 = urban, 1 = rural) .Regression analysis of the data yielded the following tables: Alan Ho, a market analyst for Clear Sound Inc., is analyzing sales of heavy metal CD's.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variables are teenage population (in 1,000's) and type of sales district (0 = urban, 1 = rural) .Regression analysis of the data yielded the following tables:   Alan's model is ___. A) y = 1.7 + 0.384212<sub> </sub>x<sub>1</sub> + 4.424638<sub> </sub>x<sub>2</sub> + 0.00166 x<sub>3</sub> B) y = 1.7 + 0.04 x<sub>1 </sub>+ 1.5666667 x<sub>2</sub> C) y = 0.384212 + 0.014029 x<sub>1 </sub>+ 0.20518 x<sub>2</sub> D) y = 4.424638 + 2.851146 x<sub>1 </sub>- 7.63558 x<sub>2</sub> E) y = 1.7 + 0.04 x<sub>1 </sub>- 1.5666667 x<sub>2</sub> Alan's model is ___.


A) y = 1.7 + 0.384212 x1 + 4.424638 x2 + 0.00166 x3
B) y = 1.7 + 0.04 x1 + 1.5666667 x2
C) y = 0.384212 + 0.014029 x1 + 0.20518 x2
D) y = 4.424638 + 2.851146 x1 - 7.63558 x2
E) y = 1.7 + 0.04 x1 - 1.5666667 x2

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