In order to determine the relationship between the number of units sold of a company's product (y) in 9cities with their major competitor's price (*1) in dollars, and the number of stores (r2) the competitor hasin each city, the following data were collected.CompetitorCompetitorUnits soldPriceStores5503535453535404060040260044351035570394650451615453Generate a linear multiple regression output for the data.a) Report the regression coefficients accurate to 3 decimal places:ŷ=b) Report the coefficient of determination accurate to 3 decimal places:R

Given: Number of units sold y = 550 , 545, 540, 600, 600, 510, 570, 650, 615 Competitor price x1=…

In order to determine the relationship between the number of units sold of a company's product (y) in 9 cities with their major competitor's price (x1) in dollars, and the number of stores (x2) the competitor has in each city, the following data were collected. Competitor Price Competitor Stores Units sold 550 35 3 545 35 3 540 40 600 40 600 44 3 510 35 570 39 650 45 1 615 45 3 Generate a linear multiple regression output for the data. a) Report the regression coefficients accurate to 3 decimal places: b) Report the coefficient of determination accurate to 3 decimal places: R =

In order to determine the relationship between the number of units sold of a company's product (y) in 9 cities with their major competitor's price (x1) in dollars, and the number of stores (x2) the competitor has in each city, the following data were collected. Competitor Price Competitor Stores Units sold 550 35 3 545 35 3 540 40 600 40 600 44 3 510 35 570 39 650 45 1 615 45 3 Generate a linear multiple regression output for the data. a) Report the regression coefficients accurate to 3 decimal places: b) Report the coefficient of determination accurate to 3 decimal places: R =

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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