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What is the equation using the table below showing the regression of sales and advertising? SUMMARY OUTPUT Regression Statistics Multiple R 0.99085 R Square 0.98177
What is the equationusing the table below showing the regression of sales and advertising?
SUMMARY OUTPUT | |
Regression Statistics | |
Multiple R | 0.99085 |
R Square | 0.98177 |
Adjusted R Square | 0.97722 |
Standard Error | 2.96799 |
Observations | 6 |
Coefficients | |
Intercept | 3.19861 |
Advertising | 1.03439 |
y = 3.1986 + 1.03439(sales) | ||
y = 3.1986 - 1.03439(Advertising) | ||
y = 3.1986 + 1.03439(Advertising) | ||
y = 1.03439 + 3.1986(intercept) |
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