Based on the below data what is the regression equation? a) 4 + 33X b) 33 * -1X c) -1 + 4X d) -1X + 4

Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations	8

ANOVA
	df	SS	MS	F
Regression	1	33	33	33
Residual	6	11	1
Total	7

	Coefficients	Standard Error	t Stat	P-value
Intercept	-1	31.274666	3.984284	0.007248
Advertising (thousands of $)	4	6.19330674	1.610802	0.158349

Expert Solution

REGRESSION EQUATION = y = a + bX

y = Dependent variable, X = independent variable, b = slope , a = intercept

a = -1 , b = 4 [advertising]

so y = -1 + 4X

Answer : c : -1 + 4X [Thumbs up please]

jeff jeffy answered 2 years ago

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