Question: A software developer would like to use the number of downloads (in thousands) to predict the amount of revenue (in hundreds of dollars) that they

A software developer would like to use the number of downloads (in thousands) to predict the amount of revenue (in hundreds of dollars) that they can earn from the full version of the new shareware. Answer the following questions based on the regression analysis below.

regression statistics
Multiple R0.8691
R Plaza0.7554
adjusted r squared0.7467
Standard error44.4765
Observations30
ANOVA
d.f.SSEMFMeaning F
Regression1171062.9193171062.919386.47590
Residual2855388.43091978.1582
Total29226451.3503
CoefficientsStandard errorT-statisticsP valueInferior 95%95% superior
Intercept-95.061426.9183-3.53150.0015-150.2009-39.9218
Descargar3.72970.40119.299202.90824.5513

1) State the regression equation.

2) What is the correct interpretation of the slope coefficient?

3) Predict revenue when the number of downloads is 30,000.

4) What is the correct interpretation of the coefficient of determination R squared?

5) The 95% confidence interval estimate for the population slope is ______ , ______.

6) Is there sufficient evidence that revenue and the number of downloads are linearly related at the 5% significance level? Give a reason why.

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