Answer the following questions based on the data from Problem 14.73. a. Calculate the slope and the

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Answer the following questions based on the data from Problem 14.73.

a. Calculate the slope and the y-intercept for the regression equation.

b. Predict the order size of a 32-year-old customer.

c. Provide an interpretation for the value of the slope.

d. Calculate the total sum of squares.

e. Partition the total sum of squares into the SSR and SSE.

f. Verify your results using Excel.

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Business Statistics

ISBN: 9780133852288

2nd Edition

Authors: Robert A Donnelly, Robert Donnelly Jr

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