The output of a regression analysis on the effect of advertising spending on sales is given below.

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The output of a regression analysis on the effect of advertising spending on sales is given below. Regression Analysis: Sales versus Spend Coefficients Term Coef SE Coef T-Value P-Value Constant -2.46 4.07 -0.49 0.634 Spend 10.15 0.526 20.67 0.000 If the equation of the regression line is given by y = a + bx, what is the value of the intercept in this equation? Give your answer to 2 decimal places

Posted Date: Jun 20, 2024 04:07 PM

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The output of a regression analysis on the effect of advertising spending on sales is given below.

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