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1. Data: Week Sales AdExp(X1) ShelfSpc (X2) 1 2010 201 75 2 1850 205 50 3 2400 355 75 4 1575 208 30 5 3550

1. Data:

Week Sales AdExp(X1) ShelfSpc (X2)
1 2010 201 75
2 1850 205 50
3 2400 355 75
4 1575 208 30
5 3550 590 75
6 2015 397 50
7 3908 820 75
8 1870 400 30
9 4877 997 75
10 2190 515 30
11 5005 996 75
12 2500 625 50
13 3005 860 50
14 3480 1012 50
15 5500 1135 75
16 1995 635 30
17 2390 837 30
18 4390 1200 50
19 2785 990 30
20 2989 1205 30

2. Use Excel to create scatter plots to examine the bivariate relationships between the dependent and independent variables. Interpret the plots and formulate a multiple regression model.

3. Use Excel to compute estimates of the unknown parameters of the model. Interpret these parameters.

4. Evaluate the model utility (hypothesis tests) and interpret the correlation statistics.

5. Use the model for estimation or prediction.

6. Submit your work via the Canvas assignment link no later than the due date. Multiple submissions are allowed, if needed.

7. This is an individual (i.e., not group) assignment. Please adhere to the university policy regarding academic integrity.

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