Question: 4 . Run Excel s Regression tool ( on a new sheet ) to develop a simple linear regression model that can be used to

4. 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 95% columns.)
5. On the Regression Summary Output sheet, write Excel formulas to calculate the expected sales for a quarter with
advertising expenditures of $32,000, and to compute an approximate 68% prediction interval for your estimate based
on the empirical rule. (Do not use the TREND function.) Format the results as Currency with 0 decimals.
6. Fill in answers to the questions on the attached sheet.

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