The regression equation NetIncome = 2,277 + .0307 Revenue was estimated from a sample of 100 leading
Question:
(a) Interpret the slope.
(b) Is the intercept meaningful? Explain.
(c) Make a prediction of NetIncome when Revenue = 20,000.
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a Increasing the average revenue by 1million raises t...View the full answer
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Related Book For
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
Question Posted:
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