Question: This is very urgent 5. (a) Why is simple linear regression important? Distinguish between linear regression and correlation. (b) Suppose that the profit of running

This is very urgent

5. (a) Why is simple linear regression important? Distinguish between linear regression and correlation. (b) Suppose that the profit of running a Computer Business depends mainly on the investment. The regression equation is given by Profit = 300 + 2.5(investment). Interpret the intercept and slop of this model. If investment amount is 2000 BDT then what amount of profit you are expecting. Interprete the slope of this model

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