Question
A researcher is interested in determining whether there is a relationship between price and demanded for her Firm. Price(X)=2,3,4,5,6,7,8,9,10,11,10 Demanded(Y)= 100,90,80,78,72,69,71,68,60,50,49 Write the regression equation.
A researcher is interested in determining whether there is a relationship between price and demanded for her Firm.
Price(X)=2,3,4,5,6,7,8,9,10,11,10
Demanded(Y)= 100,90,80,78,72,69,71,68,60,50,49
Write the regression equation.
What is the correlation of coefficient?
What is r- square( coefficient of determination)
Draw a conclusion
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Linear Algebra With Applications
Authors: W. Keith Nicholson
7th Edition
978-0070985100, 70985103
