Sales = 2363 + 2.1 Advertising - 279 Price - 136 Unemplpyment% R^2 = .76
What would be the expected unit sales when advertising expenditures are $169, the product is priced at $3.8 and the unemployment rate is 5%?
Write down the correct null and alternate hypothesis for the global F test.
Assume that the model was fit using a dataset of 27 observations. Calculate the sample F statistic for the model.