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The owner of a retail store randomly selected the following weekly data on profits and advertising cost. Week Advertising Cost ( $ ) Profit (
The owner of a retail store randomly selected the following weekly data on profits and advertising cost.
Week Advertising Cost $ Profit $
b Develop the least squares estimated regression equation. Round your numerical values to four decimal places.
c Predict the profits in dollars for a week when $ is spent on advertising. Round your answer to two decimal places.$
Find the value of the test statistic. Round your answer to three decimal places.
Find the pvalue. Round your answer to four decimal places.
pvalue
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