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Extra credit opportunity perform a multiple regression and explain the results. This is described and Excel guidance is provided in Ch 15.The owner of Showtime

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Extra credit opportunity perform a multiple regression and explain the results. This is described and Excel guidance is provided in Ch 15.The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks are entered into the Microsoft Excel Online file below. Use the XLMiner Analysis ToolPak to perform your regression analysis in the designated areas of the spreadsheet. Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak X Open spreadsheet a. Develop an estimated regression equation with the amount of television advertising as the independent variable (to 2 decimals)

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