Question: QUESTION 9 An electronics company is looking to develop a regression model to predict the number of units sold for a special running watch. Data

QUESTION 9 An electronics company is looking to develop a regression model to predict the number of units sold for a special running watch. Data is provided below. Nes Sales (units) Price (5) Advertising (5) Holiday 50010050 1480 120 40 Ves 48511045 510 103 5 5 190108 488 109 30 1496 Ves 40 NO 106 Compile an excel spreadsheet for the above data and determine the regression equation Answer (a) X3 - 1 if it is a holiday and O if not. (b) 0.4670 Y-596.02 -1.09X1 +0.28X2.4.34X3 where X1 - Price, X2 - Advertising X3. Dummy Variable for Holiday Y 596.02 -1.09x1 +0.28X24 34X3 where X1 Price, X2 - Advertising, X3. Dummy Variable for Holiday Y59.62 - 1.09X1 +028X2 + 4.34X3 where X1 Price, X2 - Advertising, X3 + Dummy Variable for Holiday 596.02 -0.28X1 1,09x2 4.34X3 Where X1. Price, X2 - Advertising X3. Dummy Variable for Holiday

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