Create a scatter plot. What does it indicate? What is the regression equation? Is the equation significant? How do...

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Advance Math

Create a scatter plot. What does it indicate?
What is theregression equation?
Is theequation significant? How do you know?
What is theestimate for Period 13?
What is ther² and what does it signify?
Period Sales
1 12
2 13
3 12
4 14
5 13
6 15
7 16
8 14
9 17
10 15
11 17
12 18

Answer & Explanation Solved by verified expert

4.5 Ratings (891 Votes)

Scatter plotScatter plot indicates that there is an upwardtrend and the Sales increase as the periodincreasesNow we estimate the regression equation as Now we use Excel Data Analysis Tool Pack See Answer

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Create a scatter plot. What does it indicate?
What is theregression equation?
Is theequation significant? How do you know?
What is theestimate for Period 13?
What is ther² and what does it signify?