(Solution) If Sales Is The Variable You Are Trying To Explain And You Have 2 Independent Variables Of Color And Price. The Color Coefficient Is -50, And The... | Snapessays.com
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(Solution) If sales is the variable you are trying to explain and you have 2 independent variables of color and price. The color coefficient is -50, and the...


If sales is the variable you are trying to explain and you have 2 independent variables of color and price. The color coefficient is -50, and the price coefficient is -20. You have an intercept coefficient of 5000 and an r-squared value of .2500. Using this multiple regression analysis, predict the amount of sales with a color rank of 5 and a price of 200 dollars.

 

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This question was answered on: May 23, 2022

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