Question: 4 . Run Excel s Regression tool ( on a new sheet ) to develop a simple linear regression model that can be used to
Run Excels Regression tool on a new sheet to develop a simple linear regression model that can be used to predict
sales based on advertising. You may delete the duplicate columns.
On the Regression Summary Output sheet, write Excel formulas to calculate the expected sales for a quarter with
advertising expenditures of $ and to compute an approximate prediction interval for your estimate based
on the empirical rule. Do not use the TREND function. Format the results as Currency with decimals.
Fill in answers to the questions on the attached sheet.
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