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Complete the multiple regression analysis between the price and lag sales. Consider the R squared value and the residuals. Discuss what you find here. Using these data points and the equation in the problem, calculate a forecasted value (Y hat) for sales in month 21 at a price of $10 per portrait.
Complete the multiple regression analysis between the price and lag sales. Consider the R squared value and the residuals. Discuss what you find here. Using these data points and the equation in the problem, calculate a forecasted value (Y hat) for sales in month 21 at a price of $10 per portrait.
Posted by:Shadrack
Posted on:Jun 21,2022
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Assignment Excel does an excellent job of completing multiple regression calculations (Even though it is not noted, you can input multiple variable
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