Question: 0. Perform a regression analysis based on these data using Excel. Note: Negotive volues should be indicated by o minus sign. Round your onswers to
0. Perform a regression analysis based on these data using Excel. Note: Negotive volues should be indicated by o minus sign. Round your onswers to 4 decimal places. c. Predict average yearby speaker sales for Speakers and Company based on the regression results if the price was 5287 per uni and the amourt spent on advertsing in thousands) was 5887. Note: Enter your answer in thousands. Round your intermediate coiculations and finel answer to 2 decimal places: Mark Price, the new productions manager for Speakers and Company, needs to find out which variable most atfects the dernand for their line of company speakers. He is uncertain whether the unit price of the product or the effects of increased marketing are the main drivers in sales and wants to use regression analysis to figure out which factor drives more demand for its particular market. Pertinent information was collected by an extenswe marketing project that lasted over the past 12 years and was reduced to the data that follow. s. Feitorm a represubn anabsa based on theie data uarbo Excel. Notw: Neghtive ynhies should be indicated by a minus sign. Round your answers to 4 decimel piaces
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