Question: Answer for this The following multiple regression is constructed to estimate monthly sales for BEL furniture Stores in Texas. SUMMARY OUTPUT Regression Statistics Multiple R

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The following multiple regression is constructed to estimate monthly sales for BEL furniture Stores in Texas. SUMMARY OUTPUT Regression Statistics Multiple R 0.936584 R Square 0.953179 Adjusted R Square 0.931556 Standard Error 17.64924 Observations 27 ANOVA df SS MS F Significance F Regression 5 952538.9 190507.8 611.5904 5.39731E-22 Residual 21 6541.41 311.4957 Total 26 959080.4 Standard Coefficients Error t Stat P-value Lower 95% Intercept 18000 30.15023 -0.62551 0.538372 81.56024554 Sq. Ft. 16.20 3.544437 4.570986 0.000166 8.830512669 Inventory 0.17 0.057606 3.031541 0.006347 0.054836778 Advertising 11.53 2.532103 4.552053 0.000174 6.260471952 Market Size 13.58 1.770457 7.670514 1.61E-07 9.898446822 # of Competitors 5000.00 1.705427 -3.11416 0.005249 8.857600053 tendent variables

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