Correlation and Regression Analyses I. Directions: Perform what is being asked. Write your answers on the spaces provided. {4 items I 'III points} 1. EJS Company has been selling to retail customers in the Helm Manila area. it advertises extensively on radio, print ads. and the lrItemeL The owner would like to review the relationship between the amount spent on advertising expenses {in Phps] and sales {in Phps]. Below is the infmnatim on advertising expenses and sales for the last nine [9] nmlhs of 2:319. \"nun-\"nu mummmm 3. Find the coefcient of oonelation. b. Create a scatter diagram based on the data. The sales. in millions of pesos. of a certain sompany are shown in the table below. l-\"-n nn-nnnnnnn 3. Determine the regression equation