Homework Help is Here – Start Your Trial Now!
Math
Statistics
Using the data given in the question about Correlation between monthly advertising budget and the number of sales, find the EQUATION OF THE REGRESSION LINE in which the explanatory variable (or x variable is the monthly advertising budget) and the response variable (or y variable) is the number of sales. You may use MS Excel, statistical software, or other online statistical tools found on the Internet. TO SUBMIT/UPLOAD: Image/picture/screen shot of you output showing calculations/results with the use of Excel or other statistical tools. Encircle the equation of the line.

Using the data given in the question about Correlation between monthly advertising budget and the number of sales, find the EQUATION OF THE REGRESSION LINE in which the explanatory variable (or x variable is the monthly advertising budget) and the response variable (or y variable) is the number of sales. You may use MS Excel, statistical software, or other online statistical tools found on the Internet. TO SUBMIT/UPLOAD: Image/picture/screen shot of you output showing calculations/results with the use of Excel or other statistical tools. Encircle the equation of the line.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
SUMMARY OUTPUT Y 54 3 Regression Statistics 52 11 4 Multiple R 5 R Square 6 Adjusted R Squa 7 Standard Error 8 Observations 0.926932947 64 11 0.859204688 72 19 0.812272917 81 21 2.341288283 ANOVA 10 11 12 Regression 13 Residual 14 Total df SS MS Significance F 100.3551075 100.355108 16.44489247 5,48163082 1 18.30752758 0.023447591 116.8 15 16 Upper 95% -32.33489968 7.68301796 0.105207392 0.71602917 P-value Lower 95% Lower 95.0% Upper 95.0% Coefficients -12.32594086 Standard Error t Stat -32.33489968 0.105207392 0.144788044 7.683017962 17 Intercept 18 X 6.28728874 -1.9604541 0.716029167 0.41061828 0.095967334 4.27872967 0.023447591 19 PEARSON COEFFICIENT r=0.93 20
Transcribed Image Text:SUMMARY OUTPUT Y 54 3 Regression Statistics 52 11 4 Multiple R 5 R Square 6 Adjusted R Squa 7 Standard Error 8 Observations 0.926932947 64 11 0.859204688 72 19 0.812272917 81 21 2.341288283 ANOVA 10 11 12 Regression 13 Residual 14 Total df SS MS Significance F 100.3551075 100.355108 16.44489247 5,48163082 1 18.30752758 0.023447591 116.8 15 16 Upper 95% -32.33489968 7.68301796 0.105207392 0.71602917 P-value Lower 95% Lower 95.0% Upper 95.0% Coefficients -12.32594086 Standard Error t Stat -32.33489968 0.105207392 0.144788044 7.683017962 17 Intercept 18 X 6.28728874 -1.9604541 0.716029167 0.41061828 0.095967334 4.27872967 0.023447591 19 PEARSON COEFFICIENT r=0.93 20
Using the data given in the question about Correlation between monthly advertising budget and the number of sales, find the EQUATION OF THE REGRESSION LINE in which the explanatory variable (or x variable is the monthly advertising budget) and the response variable (or y variable) is the number of sales. You may use MS Excel, statistical software, or other online statistical tools found on the Internet. TO SUBMIT/UPLOAD: Image/picture/screen shot of you output showing calculations/results with the use of Excel or other statistical tools. Encircle the equation of the line.
Transcribed Image Text:Using the data given in the question about Correlation between monthly advertising budget and the number of sales, find the EQUATION OF THE REGRESSION LINE in which the explanatory variable (or x variable is the monthly advertising budget) and the response variable (or y variable) is the number of sales. You may use MS Excel, statistical software, or other online statistical tools found on the Internet. TO SUBMIT/UPLOAD: Image/picture/screen shot of you output showing calculations/results with the use of Excel or other statistical tools. Encircle the equation of the line.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS