Q#1: (a) A Statistician wants to predict the incomes of restaurants, using two independent variables; the number of restaurant employees and restaurant floor area. He collected the following table Income Floor area Number of (000) Y (000sq.ft) X1 employees X2 30 10 15 22 5 8 16 10 12 7 3 7 14 2 10 Calculate the estimated multiple linear regression equation for the above data and also interpret the results

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Author:Amos Gilat
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Q#1: (a)
A Statistician wants to predict the incomes of
restaurants, using two independent variables; the
number of restaurant employees and restaurant
floor area. He collected the following table
Income
Floor area
Number of
(000) Y
(000sq.ft) X1
employees X2
30
10
15
22
8
16
10
12
7
3
7
14
2
10
Calculate the estimated multiple linear regression
equation for the above data and also interpret the
results
Transcribed Image Text:Q#1: (a) A Statistician wants to predict the incomes of restaurants, using two independent variables; the number of restaurant employees and restaurant floor area. He collected the following table Income Floor area Number of (000) Y (000sq.ft) X1 employees X2 30 10 15 22 8 16 10 12 7 3 7 14 2 10 Calculate the estimated multiple linear regression equation for the above data and also interpret the results
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