If the equation of the regression line is given by y = a + bæ1 + cx2, what is the value of a? Give your answer to 2 decimal places.

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The output of a regression analysis on the effect of television advertising expenditure and online advertising expenditure on sales is given below.
Regression Analysis: Sales versus Spend
Coefficients
Term
Coef
SE Coef
T-Value
P-Value
Constant
-2.09
4.07
-0.49
0.634
Television spend
10.23
0.526
20.67
0.000
Online spend
7.00
0.478
18.57
0.000
If the equation of the regression line is given by y = a + bx1 + cx2, What is the value of a? Give your answer to 2 decimal places.
Transcribed Image Text:The output of a regression analysis on the effect of television advertising expenditure and online advertising expenditure on sales is given below. Regression Analysis: Sales versus Spend Coefficients Term Coef SE Coef T-Value P-Value Constant -2.09 4.07 -0.49 0.634 Television spend 10.23 0.526 20.67 0.000 Online spend 7.00 0.478 18.57 0.000 If the equation of the regression line is given by y = a + bx1 + cx2, What is the value of a? Give your answer to 2 decimal places.
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