Question: The regression equation NetIncome 2 277 0307 Revenue was

The regression equation NetIncome = 2,277 + .0307 Revenue was estimated from a sample of 100 leading world companies (variables are in millions of dollars).
(a) Interpret the slope.
(b) Is the intercept meaningful? Explain.
(c) Make a prediction of NetIncome when Revenue = 20,000.

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  • CreatedAugust 19, 2015
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