Question: Simple linear regression is used to analyse the relationship between company sales and company profit. The following tables(5.1) are multiple linear regression output. 1)Is there

Simple linear regression is used to analyse the relationship between company sales and company profit. The following tables(5.1) are multiple linear regression output.

1)Is there a linear relationship between company sales and company profit at the significance level of 0.05? Give your evidence.

2)What percentage of variance (Coefficient of Determination) of company profit is explained by company sales?

3)Give the value of the slope and intercept

4)Interpret the value of the slope

Simple linear regression is used to analyse the relationship between company sales

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