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The data I calculated for contains advertising budgets and sales figures (both in $1000 units) for 24 months. How do I write the equation of
The data I calculated for contains advertising budgets and sales figures (both in $1000 units) for 24 months.
- How do I write the equation of the line for predicting Sales (Y) using the amount of Advertising (X) as the predictor?
- How Do I find the correlation and use it to make a statement about the quality of the prediction line?
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