Question: need answer asap. no need for show work. please answer both. We use data to develop a regression model: y (Sales)=15.2 + 4.1*X (Buyer Income).
need answer asap. no need for show work. please answer both.
We use data to develop a regression model: y (Sales)=15.2 + 4.1*X (Buyer Income). The output shows the following parameters: R2 = 0.78 Sig of F-0.03 Regression coeff for X = 4.1 P value for X-0.08 Should we use the model? Please base your response on class material and discussions No Yes Cannot tell from the info provided

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