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Could I get some help with this Make scatter diagram. Be sure to include axis titles on your graph and a trend line with the
Could I get some help with this
Make scatter diagram. Be sure to include axis titles on your graph and a trend line with the equation.
Calculate the sample covariance and sample correlation coefficient.
- Discuss the results of the correlation coefficient and scatter diagram. Is there a possible relationship between the number of promotions and total sales? Explain and use your results to back up your statements. This needs to be at least one paragraph in
length. at least three complete sentences.
- What are the limitations of the correlation coefficient? Explain.
- Run a linear regression using Excel's Data Analysis regression tool. Construct the linear regression equation and determine the predicted total sales value if the number of promotions is 7. Is the regression model significant? Clearly explain your reasoning using the regression results.
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