Exhibit 15-2 A Regression Model Between Sales (Y in $1,000), Unit Price

Multiple Choice

Exhibit 15-2
A regression model between sales (y in $1,000) , unit price (x₁ in dollars) and television advertisement (x₂ in dollars) resulted in the following function: = 7 - 3x₁ + 5x₂
For this model SSR = 3500, SSE = 1500, and the sample size is 18.
-Refer to Exhibit 15-2. The multiple coefficient of determination for this problem is

A) 0.4368
B) 0.6960
C) 0.3040
D) 0.2289