Question: 1 . Bob is a statistics textbook author and aspiring photographer who sells his ( 1 3 ^ { prime prime }
Bob is a statistics textbook author and aspiring photographer who sells his prime primetimes prime prime prints on consignment at Island Art in Stone Harbor, New Jersey stop in if you are in the area and ask for Spencer To improve his inventory management, Bob would like to develop a model to predict the number of prints he will sell in a week. The Excel file Island Art xlsx provides the following data from a random selection of summer weeks over the past few years: the number of prints sold per week, the price of the prints during the week, the number of prints in inventory at the start of the week, and the season inseason or offseason
a Construct a regression model to predict the average demand for prints during the week using all three independent variables.
b Interpret the meaning of the regression coefficients from part a
c Test the significance of the overall regression model from part a using alpha
d Show the calculation for the adjusted multiple coefficient of determination for part a
e Using p values, identify which independent variables are significant from the model in part a with alpha
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