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In order to determine the relationship between the number of units sold of a company's product (yy) in 9 cities with their major competitor's price
In order to determine the relationship between the number of units sold of a company's product (yy) in 9 cities with their major competitor's price (x1x1) in dollars, and the number of stores (x2x2) the competitor has in each city, the following data were collected.
Units sold | Competitor Price | Competitor Stores |
---|---|---|
575 | 46 | 6 |
600 | 41 | 1 |
590 | 40 | 2 |
600 | 44 | 3 |
540 | 40 | 5 |
510 | 35 | 5 |
615 | 45 | 3 |
600 | 41 | 2 |
650 | 45 | 1 |
Generate a linear multiple regression output for the data. a) Report the regression coefficients accurate to 3 decimal places: yy^= + x1x1 + x2x2 b) Report the coefficient of determination accurate to 3 decimal places: R2=R2= Check AnswerQuestion 12
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