Question: You are a sales manager for your firm and you have been requested to use linear regression to project sales for next year. a. Develop

You are a sales manager for your firm and you have been requested to use linear regression to project sales for next year.

a. Develop the linear model and report out the regression equation.

b. Determine if the model is statistically significant.

c. Describe the explained variance of the regression model.

d. Project next year’s sales.

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