Question: Interpret the following Excel linear regression output below to answer the question. The purpose of the linear regression is to forecast quantity sold for a

Interpret the following Excel linear regression output below to answer the question. The purpose of the linear regression is to forecast quantity sold for a hypothetical product.The dependent variable in the regression isQuantity Sold, equal tothetotalnumber ofitems sold for this product. The independent variables in the regression arePrice, the purchase priceof the product in dollarsandAdvertising, the total advertising expensein dollars related to this product.

Question: Check all of the following statements that can be correctlyinferred from the regression output below.

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