Question: Please show steps We use data to develop a regression model: y (Sales) =15.2+4.1X (Buyer Income). The output shows the following parameters: R2=0.78 Sig of

Please show steps

We use data to develop a regression model: y (Sales) =15.2+4.1X (Buyer Income). The output shows the following parameters: R2=0.78 Sig of F=0.08 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 - but only if the client accepts a confidence level of 92% in the predictive value of the model Cannot tell from the info provided Yes

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