- A video media consultant collected the following data on popular LED televisions sold through on-line retailers. Manuf

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- A video media consultant collected the following data on popular LED televisions sold through on-line retailers. Manuf

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A Video Media Consultant Collected The Following Data On Popular Led Televisions Sold Through On Line Retailers Manuf 1
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- A video media consultant collected the following data on popular LED televisions sold through on-line retailers. Manufacturer Screen (in inches) Price (5) Sharp 46 736.50 Samsung 52 1,150.00 Samsung 46 895.00 Sony 40 625.ee Sharp 42 773.25 Samsung 46 961.25 Samsung 40 686.00 Sharp 37 574.75 Sharp 46 1.000.00 Sony 40 722.25 Sony 52 1,387.5e Samsung 32 373.75 Sharp 37 657.25 Sharp 32 426.75 Sharp 1,389.00 Samsung 40 874.75 Sharp 32 517.50 Samsung 52 1,475.00 Sony 40 954.25 Sony 52 1.551.50 Sony 1,300.00 46 1,430.50 Sony 52 1,717.00 Click here for the Excel.me te a. Does there appear to be a linear relationship between the screen size and the price (Round your answer to 2 decimal places.) NNNNNN cer はなおおお Sony Mos The conton of condicis

b. Which variable is the "dependent variable? Screen size O Price c-1. Use statistical software to determine the regression equation (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.) Price Screen Size c-2. Interpret the value of the slope in the regression equation (Round your answer to 3 decimal places.) For each of one inch in creon , the price increason

d. Include the two qualitative variables, "Sony" and "Sharp", as "dummy" variables in the multiple regression analysis. Note: If both "Sony" and "Sharp", are equal to zero, then the manufacturer is Samsung: If "Sony = 1 and "Sharp" = 0, then the manufacturer is Sony: of Sony = 0 and "Sharp" = 1, then the manufacturer is Sharp (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.) Price Screen Sony. Sharp e. Test each of the Individual coefficients to see if they are significant (Negative amounts should be indicated by a minus pign. Round your value to 2 decimal places and p-value to 4 decimal places.) Term Constant Scroon Sony Sharp walue (4.60) 3.89 2.26 0.09 p-value 0.0002 0.0000 0.0358 0.9300
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