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Moreover, the analyst wanted to figure out whether there are some associations among various categories. So, the following tables were produced, see table 4. Table
Moreover, the analyst wanted to figure out whether there are some associations among various categories. So, the following tables were produced, see table 4. Table 4: Linear Regression coefficients table for selected categories as independent variables versus the total_amount as the dependent variable. Variables Coefficient (Intercept) -5.641 Appliances_Amount 0.91 Books_Music_Amount 4.29 Clothing_Amount 0.993 Direct_Marketing_Amount 1.007 Entertainment_Amount -8.453 Fitness_Amount 3.685 Food_Amount -0.739 Gas_Amount 13.584 Based on the given values in table 4, answer the following questions: The analyst concluded that: a. By increasing the amount of fitness category by one dollar, the total amount ($) will not be affacted. b. By increasing the amount of fitness category by one dollar, the total amount ($) will increase by 3.685 dollars. c. By increasing the amount of fitness category by one dollar, the total amount ($) will decrease by 3.685 dollars. d. By increasing the amount of fitness category by one dollar, the total amount ($) will increase by 3.685 dollars in addition to $5.641
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