Question: Regression Equation Variables Table y Profits Intercept b1 Coefficient b2 Coefficient b3 Coefficient b4 Coefficient y -2.41787 0.0614 Table 2 - Expanded Sales and Profits

Regression Equation Variables Table
y Profits Intercept b1 Coefficient b2 Coefficient b3 Coefficient b4 Coefficient
y -2.41787 0.0614
Table 2 - Expanded Sales and Profits
Store # Profits ($000s) Sales ($000s) Size (000s sq ft) Lines Distance (mi)
1 42.13 748.82 6.0 150 0.1
2 6.32 140.78 1.4 75 0.1
3 38.47 702.11 5.0 170 0.5
4 -0.32 41.54 1.0 75 0.0
5 3.65 96.85 1.2 75 0.2
6 7.77 166.93 1.5 75 0.5
7 4.31 109.05 1.3 75 0.3
8 4.53 263.92 1.1 80 0.4
9 -2.69 50.84 1.1 75 0.0
10 3.22 90.08 1.2 75 0.6
11 9.03 190.59 1.4 80 0.5
12 -2.59 91.75 1.2 75 0.0
13 6.39 141.57 1.4 80 0.3
14 24.39 377.04 3.5 160 1.2
15 13.93 198.69 1.5 100 0.7
16 2.13 62.78 1.3 75 0.1
17 17.48 265.28 2.1 110 0.9
18 7.21 91.8 1.3 85 0.3
19 15.62 231.6 2.5 120 0.9
20 33.61 548.31 4.5 200 0.5

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!