Question

Sales Data Month Revenue (Thousands of Dollars) Month Revenue (Thousands of Dollars) 1 315 7 697 2 535 8 709 3 533 9 789 4 574 10 819 5 628 11 827 6 659 12 843 The summary output from a regression analysis of the data is also provided. Regression Statistics Multiple R 0.955666449 R Square 0.913298362 Adjusted R Square 0.904628198 Standard Error 48.04745857 Observations 12 ANOVA df SS MS F Regression 1 243,179.083916 243,179.083916 105.33807465 Residual 10 23,085.582751 2308.558275 Total 11 266,264.666667 Coefficients Standard Error t Stat P-value Intercept 392.62121212 29.57116657 13.27716346 1.12249E-07 Month 41.23776224 4.017930333 10.263433863 1.25184E-06 Step 2 of 3 : What is the mean square error for the model shown in the output? Round to four decimal places, if necessary.

          Sales Data
Month Revenue (Thousands of Dollars) Month Revenue (Thousands of Dollars)
1 315 7 697
2 535 8 709
3 533 9 789
4 574 10 819
5 628 11 827
6 659 12 843
The summary output from a regression analysis of the data is also provided.
Regression Statistics
Multiple R 0.955666449
R Square 0.913298362
Adjusted R Square 0.904628198
Standard Error 48.04745857
Observations 12
ANOVA
df SS MS F
Regression 1 243,179.083916 243,179.083916 105.33807465
Residual 10 23,085.582751 2308.558275
Total 11 266,264.666667
Coefficients Standard Error t Stat P-value
Intercept 392.62121212 29.57116657 13.27716346 1.12249E-07
Month 41.23776224 4.017930333 10.263433863 1.25184E-06
Step 2 of 3 : What is the mean square error for the model shown in the output? Round to four decimal places, if necessary.

Sales Data
Month Revenue (Thousands of Dollars) Month Revenue (Thousands of Dollars)
1 315 7 697
2 535 8 709
3 533 9 789
4 574 10 819
5 628 11 827
6 659 12 843
The summary output from a regression analysis of the data is also provided.
Regression Statistics
Multiple R 0.955666449
R Square 0.913298362
Adjusted R Square 0.904628198
Standard Error 48.04745857
Observations 12
ANOVA
df SS MS F
Regression 1 243,179.083916 243,179.083916 105.33807465
Residual 10 23,085.582751 2308.558275
Total 11 266,264.666667
Coefficients Standard Error t Stat P-value
Intercept 392.62121212 29.57116657 13.27716346 1.12249E-07
Month 41.23776224 4.017930333 10.263433863 1.25184E-06
Step 2 of 3 : What is the mean square error for the model shown in the output? Round to four decimal places, if necessary.

Added by Amber C.

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