Question: Run the regression model in Excel and evaluate it for goodness of fit, significance of the independent variable, and economic plausibility. Specify your final model
Run the regression model in Excel and evaluate it for goodness of fit, significance of the independent variable, and economic plausibility. Specify your final model in format. Round answers to decimal places, eg
$
$Nick's Tree Trimming Service was really taking off! He was thrilled that he needed to hire three more employees to keep up witn dil work. He realized that his yearslong strategy of investing in a marketing plan clearly must have something to do with it
As soon as the business idea was conceived, Nick made a strategic plan that included consistent marketing efforts at steady intervals throughout each year. Every quarter, he updated his messaging, with input from his marketing vendor, and got his updated message out to the public. His quarterly marketing expenses along with the corresponding revenues are as follows.
tableQuarterMarketing Cost,Revenues$$
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