Save Using the accompanying Concert Sales data on sales

Last updated: 7/19/2023

Save Using the accompanying Concert Sales data on sales dollars and the number of radio TV and newspaper ads promoting the concerts for a group of cities Develop simple linear regression models for predicting sales as a function of the number of each type of ad Compare these results to a multiple linear regression model using both independent variables State the model and explain R square Significance F and p values with an alpha of 0 05 Click the icon to view the Concert Sales data State the hypotheses for the simple linear regression tests Ho B 0 H B 0 State the model predicting ConcertSales as a function of Radio TV the number in thousands of radio and TV ads ConcertSales Radio TV Type integers or decimals rounded to three decimal places as needed 1 Sales 1000 2 3 45678 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 1064 997 919 626 869 950 946 1199 881 1011 1614 1562 1067 934 1395 1336 1401 1496 1561 1715 1774 1786 Thousands of radio and TV ads 0 0 25 25 32 30 34 33 38 41 47 43 48 48 53 54 62 62 68 64 70 68 Thousands of newspaper ads 39 26 25 29 30 34 33 25 24 45 47 48 52 20 21 32 32 33 33 39 42