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the OmniPower Bars scenario, your business objective, to determine the effect that price and in-store promotional expenses will ave on sales, calls for examining a

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the OmniPower Bars scenario, your business objective, to determine the effect that price and in-store promotional expenses will ave on sales, calls for examining a multiple regression model in which the price of an OmniPower Bar in cents (X1) and the monthly udget for in-store promotional expenses in dollars (X2) are the independent variables and the number of OmniPower Bars sold in a month Y) is the dependent variable. The data has been collected from a sample of 34 stores in a supermarket chain selected for a test-market study of OmniPower. The data is organized and stored in OmniPower.xlsx file. I (a) State the multiple regression equation. (b) Interpret the meaning of B and B2, in this problem. Significance/Meaning of Bi: Significance/Meaning of B2: (c) What is the significance of Bo? Significance/Meaning of Bo: (d) Predict the mean sales for a store charging $0.39 during a month in which promotion expenses are $600. 7 59 1 Sales Price Promotion 2 4141 59 200 3 3842 59 200 4 3056 59 200 5 3519 59 200 6 4226 59 400 4630 59 400 8 3507 59 400 9 3754 59 400 10 5000 59 600 11 5120 600 12 4011 59 600 13 5015 59 600 14 1916 79 200 15 675 79 200 16 3636 79 200 17 3224 79 200 18 2295 79 400 19 2730 79 400 20 2618 79 400 21 4421 79 400 22 4113 79 600 23 3746 79 600 24 3532 79 600 25 3825 79 600 26 1096 99 200 27 761 99 200 28 2088 99 200 29 820 99 200 30 2114 99 400 31 1882 99 400 32 2159 99 400 33 1602 99 400 34 3354 99 600 99 35 2922 600 37

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