Example 17.2 We take another example of multiple regression analysis. This also relates to sales ar advertising. However, in this example we have taken personal selling (number of selling agents) as or independent variable and overall advertising as another independent variable. Table 17.2 Original Data Sales Territory Sales (Lakh Rs) (Y) Advertising ('000 Rs) (X,) Number of Selling Agents (X,) 100 10 40 30 80 10 60 20 120 50 15 150 60 20 90 40 12 70 20 8 130 60 14 1234 n678

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Calculate Regression equation

Example 17.2 We take another example of multiple regression analysis. This also relates to sales and
advertising. However, in this example we have taken personal selling (number of selling agents) as one
independent variable and overall advertising as another independent variable.
Table 17.2 Original Data
Sales Territory
Sales (Lakh Rs) (Y) Advertising ('000 Rs) (X}
Number of Selling Agents (X,)
1
100
40
10
2
80
30
10
3
60
20
7
120
50
15
150
60
20
90
40
12
7
70
20
8
130
60
14
Transcribed Image Text:Example 17.2 We take another example of multiple regression analysis. This also relates to sales and advertising. However, in this example we have taken personal selling (number of selling agents) as one independent variable and overall advertising as another independent variable. Table 17.2 Original Data Sales Territory Sales (Lakh Rs) (Y) Advertising ('000 Rs) (X} Number of Selling Agents (X,) 1 100 40 10 2 80 30 10 3 60 20 7 120 50 15 150 60 20 90 40 12 7 70 20 8 130 60 14
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