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assignment exercise 1 'ia. From the data set below, develop a regression equation that would evaluate advertising spend on sales. 1b. Find the r2 for

assignment exercise 1

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'ia. From the data set below, develop a regression equation that would evaluate advertising spend on sales. 1b. Find the r2 for this model. Explain what the r2 says about the model. For both 1a and 1b, show your work. Y sales ($1 000) X advertising ($100) 11 5 6 3 10 7 6 2 12 8

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