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The 2021 monthly data below shows the number of TV ads run and the revenue of the XYZ company. Month TV Ads Revenue (M) January

The 2021 monthly data below shows the number of TV ads run and the revenue of the XYZ company.

                        

Month

TV Ads

Revenue (₱M)

January

21

8.35

February

180

22.76

March

50

13.45

April

195

21. 10

May

96

15.00

June

44

12.50

July

171

20.70

August

135

19.72

September

120

16.12

October

75

13.10

November

106

15.67

December

198

25.30

 

  1. Write the regression equation.
  2. Interpret the slope and the y-intercept.
  3. Determine and interpret the coefficient of determination.
  4. Determine and interpret the coefficient of correlation.
  5. Test the significance of the null hypothesis at a 0.05 level of significance.
  6. Forecast revenue at 100 TV ads run.

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