Question

TABLE 13-5 The managing partner of an advertising agency believes that his company's sales are related...

TABLE 13-5

The managing partner of an advertising agency believes that his company's sales are related to the industry sales. He uses Microsoft Excel’s Data Analysis tool to analyze the last 4 years of quarterly data (i.e., n = 16) with the following results:

Regression Statistics
Multiple R  0.802
R Square  0.643
Adjusted R Square 0.618
Standard Error SYX 0.9224
Observations  16

ANOVA
                df       SS       MS         F         Sig.F
Regression 1       21.497   21.497    25.27   0.000
Error        14     11.912     0.851
Total        15      33.409

Predictor    Coef        StdError    tStat    P-value
Intercept   3.962         1.440        2.75     0.016
Industry     0.040451 0.008048   5.03      0.000


Durbin-Watson Statistic  1.59


Referring to Table 13-5, the value of the quantity of the SS that the least squares regression line explains is ________.

Question 14 options:

1.59

21.497

33.409

11.912

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