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In your memo, discuss these various equations and state which of the equations you would recommend to be used and why. Provide a complete and

In your memo, discuss these various equations and state which of the equations you would recommend to be used and why. Provide a complete and detailed justification for your choice. Also, discuss the meaning of the regression coefficients of the equation that you choose.

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ACCT 606 Master Buudget Pmject Group Final Excrl Natalic Michel File Home Insert Page Layout Formulas Data Revew View Help Power Pivot Search Autosum . A Paste DCopy - Femat Painter Conditional Format as Cell Insert Delete Format Sort & Find & Ideas Formattinglable- Styles Filter-Select B22 0 1 SUMMARY OUTPUT Regressioni Siatistics 4MultipleR SR Square 6 Adjusted R Square 0.97392719 0.94832967 0.93684737 7 Standard Error 7672.91079 8 Observations 12 10 ANOVA MS aneF 2 9724804626 4862402313 82.50943 1.620266-0G 13 Residual 9 52982040.3 58873560 14 Tola 11 10254666667 15 Coefficients Stondard Error t Stat P-volue Lower 93% Upper 95% Lower 95.0% Upper 95.0% 16 17 Intercept 10190.1232 19791.33635 2.03038198 0.07288908-1587.7765 81968.023-1587.7765 81968.023 1 Expenditures 5.926376 0.580561276 10.2080112 3.0139E- 4.613055152 7.23969605 4.61305515 7.23969685 301.685181 60.6000453 4.97825365 0.00076126 164.5970893 438.773273 164.597089 438.773273 Y = a + b1|*x1 + b2 * x2 Units Sold 40190.12-Expenditures" 5.93 + Dealers. 301.69 hibit1 Scenario 1 Adv & Dealers Dealers Table 1Sensitivity +90 :16 PM rP 5/29/2019 O Type here to search ACCT 606 Master Buudget Pmject Group Final Excrl AutoSave tf Natalic Michel Share Comments File Home Insert Page Layout Formulas Data Review View Help Power Pivot P Search AutoSum . A X Cut Calibn Paste DCopy - oeal Painler Conditional Format as Cell Insert Delete Format Sort & Find & Ideas Formattinglable- Styles Filter-Select 0 1 SUMMARY OUTPUT ADVERTISING EXPENDITURES sion Stotistics 4 Multiple R R Syuare 6 Adjusted R Square 0.786651414 0.89/801058 0.80604674 7 Standard Frror 14107.97889 8 Observations 12 10 ANOVA 12 Regression 1 8265140633 8265/40633 41.55881362 .3/964E-0b 13 Residual 10 1988926034 198892603.4 11 10254666667 0,0 100,000 15,0 , 50,o a00,0350,000 14 Total 15 Coefficients Standard Error t Stat Lower 95% Upper 95% Lower 95.0% Upper 95.0% 1 Intercept 114473.263 23905.77966 4.788518283 0.000736231 61207.86654 167738.6595 61207.86654 167738.6595 18 .656150351.032503519 6.446612569 7.37964E-05 4.355589083 8.956711626 1.355589083 8.956711620 19 23 24 & Dealers Scenario 2 Adv Dealers Table 1Sensitivity - +17% :16 PM O Type here to search ACCT 606 Master Buudget Pmject Group Final Excrl AutoSave tf Natalic Michel File Home Insert Page Layout Formulas Data Review View Help Power Pivot P Search Share Comments AutoSum . A X Cut Calibn Paste DCopy - oeal Painler Conditional Format as Cell Insert Delete Format Sort & Find & Ideas Formattinglable- Styles Filter-Select 4 0 1 SUMMARY OUTPUT NUMBER OF DEALERS sion Stotistics 4 Multiple R R Syuare 6 Adjusted R Square 0.5916265 0.350081985 0.285090184 7 Standard Frror 25816.06593 8 Observations 12 10 ANOVA 150 100 12 Regression 1 35899/406 358991406/ 5.386556113 0.042/0/564 13 Residual 10 6664692600 666469260 11 10254666667 14 Total 15 Coefficients Standard Error tStot 128319.0461 59931.12548 2.141108566 0.057926608 -5215.823012 261853.9152 -5215.823012 261853.9152 Lower 95% Upper 95% Lower 95.0% Upper 95.0% 1 Intercept 18 Dealers 157.8853875197.2882361 2.320895511 0.04270756 18.29980359 897.470971 18.29980359 897.1709714 19 v & Dealers Scenario 3 Dealers Table Sensitivity - +100 :16 PM O Type here to search ACCT 606 Master Buudget Pmject Group Final Excrl Natalic Michel File Home Insert Page Layout Formulas Data Revew View Help Power Pivot Search Autosum . A Paste DCopy - Femat Painter Conditional Format as Cell Insert Delete Format Sort & Find & Ideas Formattinglable- Styles Filter-Select B22 0 1 SUMMARY OUTPUT Regressioni Siatistics 4MultipleR SR Square 6 Adjusted R Square 0.97392719 0.94832967 0.93684737 7 Standard Error 7672.91079 8 Observations 12 10 ANOVA MS aneF 2 9724804626 4862402313 82.50943 1.620266-0G 13 Residual 9 52982040.3 58873560 14 Tola 11 10254666667 15 Coefficients Stondard Error t Stat P-volue Lower 93% Upper 95% Lower 95.0% Upper 95.0% 16 17 Intercept 10190.1232 19791.33635 2.03038198 0.07288908-1587.7765 81968.023-1587.7765 81968.023 1 Expenditures 5.926376 0.580561276 10.2080112 3.0139E- 4.613055152 7.23969605 4.61305515 7.23969685 301.685181 60.6000453 4.97825365 0.00076126 164.5970893 438.773273 164.597089 438.773273 Y = a + b1|*x1 + b2 * x2 Units Sold 40190.12-Expenditures" 5.93 + Dealers. 301.69 hibit1 Scenario 1 Adv & Dealers Dealers Table 1Sensitivity +90 :16 PM rP 5/29/2019 O Type here to search ACCT 606 Master Buudget Pmject Group Final Excrl AutoSave tf Natalic Michel Share Comments File Home Insert Page Layout Formulas Data Review View Help Power Pivot P Search AutoSum . A X Cut Calibn Paste DCopy - oeal Painler Conditional Format as Cell Insert Delete Format Sort & Find & Ideas Formattinglable- Styles Filter-Select 0 1 SUMMARY OUTPUT ADVERTISING EXPENDITURES sion Stotistics 4 Multiple R R Syuare 6 Adjusted R Square 0.786651414 0.89/801058 0.80604674 7 Standard Frror 14107.97889 8 Observations 12 10 ANOVA 12 Regression 1 8265140633 8265/40633 41.55881362 .3/964E-0b 13 Residual 10 1988926034 198892603.4 11 10254666667 0,0 100,000 15,0 , 50,o a00,0350,000 14 Total 15 Coefficients Standard Error t Stat Lower 95% Upper 95% Lower 95.0% Upper 95.0% 1 Intercept 114473.263 23905.77966 4.788518283 0.000736231 61207.86654 167738.6595 61207.86654 167738.6595 18 .656150351.032503519 6.446612569 7.37964E-05 4.355589083 8.956711626 1.355589083 8.956711620 19 23 24 & Dealers Scenario 2 Adv Dealers Table 1Sensitivity - +17% :16 PM O Type here to search ACCT 606 Master Buudget Pmject Group Final Excrl AutoSave tf Natalic Michel File Home Insert Page Layout Formulas Data Review View Help Power Pivot P Search Share Comments AutoSum . A X Cut Calibn Paste DCopy - oeal Painler Conditional Format as Cell Insert Delete Format Sort & Find & Ideas Formattinglable- Styles Filter-Select 4 0 1 SUMMARY OUTPUT NUMBER OF DEALERS sion Stotistics 4 Multiple R R Syuare 6 Adjusted R Square 0.5916265 0.350081985 0.285090184 7 Standard Frror 25816.06593 8 Observations 12 10 ANOVA 150 100 12 Regression 1 35899/406 358991406/ 5.386556113 0.042/0/564 13 Residual 10 6664692600 666469260 11 10254666667 14 Total 15 Coefficients Standard Error tStot 128319.0461 59931.12548 2.141108566 0.057926608 -5215.823012 261853.9152 -5215.823012 261853.9152 Lower 95% Upper 95% Lower 95.0% Upper 95.0% 1 Intercept 18 Dealers 157.8853875197.2882361 2.320895511 0.04270756 18.29980359 897.470971 18.29980359 897.1709714 19 v & Dealers Scenario 3 Dealers Table Sensitivity - +100 :16 PM O Type here to search

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