fx| A B C F G H J Is there a relationship between Quantity Sold (Output) and Price and Advertising (Input)? Can we predict Quantity Sold if we know Price and Advertising? Quantity Sold Price Advertising Show the scatter plots 8500 2. 2800 Create the descriptive statistics table 4700 200 Complete the regression Enter the R Squared 5800 3. 400 7400 500 What does this mean Is this statisically signifant? How do you know? Write the forumla for the line - (use the coefficients) 6200 3200 7300 3. 1800 5600 4. 900 Graph the residuals - what does that tell you? 6500 3. 600 6300 750 5800 1200 5500 1900 6800 3100 5500 4 700 4800 800 3500 2200 7200 4. 500 8200 2500

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