Regression and Correlation Work Sheet 1. Mumbai Electronics is planning is planning to expand its marketing region from
Posted: Wed Jul 06, 2022 12:20 pm
Regression and Correlation Work Sheet 1. Mumbai Electronics is planning is planning to expand its marketing region from Jamaica to Barbados. In order to predict to predict its sales in Barbados, the company has asked you to develop a linear regression of DVD system sales on price, using the following data supplied by the marketing department: Price Sales 98 418 194 384 231 343 207 407 89 432 255 386 a. Estimate the regression model b. Calculate and interpret the coefficient of determination. 149 444 195 427