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A Local Tire Dealer Wants to Predict the Number of Tires

Question 170

Multiple Choice

A local tire dealer wants to predict the number of tires sold each month. The dealer believes that the number of tires sold is a linear function of the amount of money invested in advertising. The dealer randomly selects 6 months of data consisting of tire sales (in thousands of tires) and advertising expenditures (in thousands of dollars) . Based on the data set with 6 observations, the simple linear regression model yielded the following results.
x\sum x = 24 X2\sum X ^ { 2 } =124 Y\sum Y =42 Y2\sum Y ^ { 2 } =338 XY\sum X Y =196
-What is the value of regression sum of squares,or the explained variation?


A) 24
B) 28
C) 44
D) 16
E) 6

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