Question 3 You have been given a sample data set related to sales revenue and advertising expenditure in Dian packaging (Note: Data set is same as in Q2). Sales Revenue ($ 000) Advertising expenditure ($ 000) 35 7 37 8 45 10 47 12 51 12 55 11 60 15 72 16 75 18 74 20 Use the above data to answer the questions given below; i. Derive a simple regression equation to show the impact of advertising expenditu e on company sales revenue (round off the coefficient value to 2 decimals). 1. ANSWER i): ii. Interpret the intercept and slope coefficients in your regression equation ( ANSWER ii):

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