Use technology to find​ (a) the multiple regression equation for the data shown in the accompanying​ table, (b) the standard error estimate and interpret the​ result, and​ (c) the coefficient of determination and interpret the result.   The accompanying table shows the total square footages​ (in billions) of retailing space at shopping​ centers, the numbers​ (in thousands) of shopping​ centers, and the sales​ (in bi

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Use technology to find​ (a) the multiple regression equation for the data shown in the accompanying​ table, (b) the standard error estimate and interpret the​ result, and​ (c) the coefficient of determination and interpret the result.
 
The accompanying table shows the total square footages​ (in billions) of retailing space at shopping​ centers, the numbers​ (in thousands) of shopping​ centers, and the sales​ (in billions of​ dollars) for shopping centers for eight years.
Sales, y
Total square footage, x1
123.5 211.4385.9 475.8 641.2 716.3 768.3 806.4 851.4 893.5 933.9
3.9 4.6 4.7
4.9 5.0
1.5
2.4
3.2
3.7
4.8
5.1
Shopping centers, x2
13.2 17.9
21.7 25.2
32.3 37.9 39.1
39.8 40.3 41.7 42.1
Transcribed Image Text:Sales, y Total square footage, x1 123.5 211.4385.9 475.8 641.2 716.3 768.3 806.4 851.4 893.5 933.9 3.9 4.6 4.7 4.9 5.0 1.5 2.4 3.2 3.7 4.8 5.1 Shopping centers, x2 13.2 17.9 21.7 25.2 32.3 37.9 39.1 39.8 40.3 41.7 42.1
Use technology to find (a) the multiple regression equation for the data shown in the accompanying table, (b) the standard error estimate and interpret the result, and (c) the coefficient of determination and interpret the
result.
The accompanying table shows the total square footages (in billions) of retailing space at shopping centers, the numbers (in thousands) of shopping centers, and the sales (in billions of dollars) for shopping centers for
eight years.
Click the icon to view the data table on shopping center sales.
(a) What is the regression equation?
y =
+
+
(Round to two decimal places as needed.)
Transcribed Image Text:Use technology to find (a) the multiple regression equation for the data shown in the accompanying table, (b) the standard error estimate and interpret the result, and (c) the coefficient of determination and interpret the result. The accompanying table shows the total square footages (in billions) of retailing space at shopping centers, the numbers (in thousands) of shopping centers, and the sales (in billions of dollars) for shopping centers for eight years. Click the icon to view the data table on shopping center sales. (a) What is the regression equation? y = + + (Round to two decimal places as needed.)
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