coffee time

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Pre-written Papers:

Title: coffee time

Essay Details:

Subject: Business

Author: Stephanie L

Date: August 1, 2015

Level: University

Grade: A

Length: 4 / 1151

Essay text:

The R-square value of .546 indicates that there is a 54.6% of the variation is accounted for, and is found by squaring the coefficient of correlation. In the second regression model presented by Jones computes the lagged independent variables relationship. The Multiple R value is .755, indicating a “strong” relationship between variables. The R-square value of .570 indicates that there is a 57% of the variation is accounted for. Thus, the Lagged values model is a slightly better model, due to the higher values. The R-square values in Jones’s models are not the most optimal. The optimal model is shown below and combines independent variables omitting the variable on Estimate on Quick Brew’s weekly advertising expenditure (X3)...

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