You currently work at a company producing Enormous Copper Bags. Your manager sent you the following table and requested you perform a regression to share your interpreted results on the impact from Brussels Sprouts sales. How do you reply?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Incredible Marble Coat Sales
156-
148
134
$134
$156
$100
O
$148
O
Please refer to the graph above.
What is the predicted value of the dependent variable?
100
Margarine Sales
O
O
Transcribed Image Text:Incredible Marble Coat Sales 156- 148 134 $134 $156 $100 O $148 O Please refer to the graph above. What is the predicted value of the dependent variable? 100 Margarine Sales O O
Brussels Sprouts Sales
$2,172
$2,477
$2,555
$2,822
$1,715
$2,401
$3,546
$3,773
$2,210
$2,630
Enormous Copper Bag Sales
$336
$438
$463
$432
$341
$297
$580
$457
$524
$426
You currently work at a company producing Enormous Copper Bags. Your
manager sent you the following table and requested you perform a regression to
share your interpreted results on the impact from Brussels Sprouts sales. How do
you reply?
for every one unit increase in Enormous Copper Bag sales, the estimated average value
of Enormous Copper Bag sales will decrease by -$0.11
for every one unit increase in Brussels Sprouts sales, the estimated average value of
Brussels Sprouts sales will increase by $217.83
for every one unit increase in Brussels Sprouts sales, the estimated average value of
Brussels Sprouts sales will increase by $45,212.53
for every one unit increase in Brussels Sprouts sales, the estimated average value of
Enormous Copper Bag sales will increase by $0.08
Transcribed Image Text:Brussels Sprouts Sales $2,172 $2,477 $2,555 $2,822 $1,715 $2,401 $3,546 $3,773 $2,210 $2,630 Enormous Copper Bag Sales $336 $438 $463 $432 $341 $297 $580 $457 $524 $426 You currently work at a company producing Enormous Copper Bags. Your manager sent you the following table and requested you perform a regression to share your interpreted results on the impact from Brussels Sprouts sales. How do you reply? for every one unit increase in Enormous Copper Bag sales, the estimated average value of Enormous Copper Bag sales will decrease by -$0.11 for every one unit increase in Brussels Sprouts sales, the estimated average value of Brussels Sprouts sales will increase by $217.83 for every one unit increase in Brussels Sprouts sales, the estimated average value of Brussels Sprouts sales will increase by $45,212.53 for every one unit increase in Brussels Sprouts sales, the estimated average value of Enormous Copper Bag sales will increase by $0.08
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