Question: Course name: business analytics A linear regression model describes the relationship between a dependent variable, y, and one or more independent variables, X. 1. Define

Course name: business analytics

A linear regression model describes the relationship between a dependent variable, y, and one or more independent variables, X. 1. Define dependent and independent variables. Give an example in business. (minimum accepted answer 5 lines- 70 words 2. You have to study the following relationship between monthly online sales and online advertising cost Draw the regression diagram with (x) and (y) axis and the regression line. 3. The regression equation is sales (y)=130151Y. What the numbers 130 and 151 tell you about the sales

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