Follow the instructions under the title of “Using Excel’s Regression Tool for the Armand’s Pizza Parlors Example” to develop regression equation and ANOVA table as in Figure 14.13 and answer the following questions: 1. Open the dataset of Armand’s  (attached). 2. Follow the instructions under the title of “Using Excel’s Regression Tool for the Armand’s Pizza Parlors Example” to develop regression equation and ANOVA table as in Figure 14.13  (attached). 3. Upload the Figure 14.13. 4. What is the estimated regression equation? 5. Conduct the hypothesis test to test for significance of regression. Can we conclude that there is a significant relationship between student population and sales? Provide the rationale for your answer.   Restaurant Population Sales 1 2 58 2 6 105 3 8 88 4 8 118 5 12 117 6 16 137 7 20 157 8 20 169 9 22 149 10 26 202

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Follow the instructions under the title of “Using Excel’s Regression Tool for the Armand’s Pizza Parlors Example” to develop regression equation and ANOVA table as in Figure 14.13 and answer the following questions:
1. Open the dataset of Armand’s  (attached).
2. Follow the instructions under the title of “Using Excel’s Regression Tool for the Armand’s Pizza Parlors Example” to develop regression equation and ANOVA table as in Figure 14.13  (attached).
3. Upload the Figure 14.13.
4. What is the estimated regression equation?
5. Conduct the hypothesis test to test for significance of regression. Can we conclude that there is a significant relationship between student population and sales? Provide the rationale for your answer.
 
Restaurant Population Sales
1 2 58
2 6 105
3 8 88
4 8 118
5 12 117
6 16 137
7 20 157
8 20 169
9 22 149
10 26 202
Bb Unit 8: Learning Activities - 21/SF X
вы 1759848
B Unit 8: Promotional Strategy Part x b The purpose of this assignment i: x
+
A learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5fda9d7e7f5d0/1759848?X-Blackboard-Expiration=1615356000000&X-Blackboard-Signature=a4...
E Apps
• Paraphrasing Tool -. P My Perfect Resume C Plagiarism Checker.
O Text To Speech Rea.
S All the answers
O Homework/test help
FREE BOOKS downl.
Microsoft 365
>>
1 /1 ||
+ |
1759848
100%
14.7 Excel's Regression Tool
647
FIGURE 14.13 Regression Tool Output for Armand's Pizza Parlors
D
E
F
G
H
Populntion
Restaurant
2
Sales
58
3
6.
105
4
88
5
118
6
12
117
16
137
20
157
20
169
10
22
149
11
10
26
202
12
13 SUMMARY OUTPUT
14
15
Regression Statistics
16 Multiple R
17 R Square
18 Adjusted R Square
19 Standard Error
20 Observations
0.9501
0.9027
0,8906
13,8293
10
21
22 ANOVA
23
dr
SS
MS
Significance F
14200
24 Regression
25 Residual
14200
74.2484
2.55E-05
1530
191.25
26 Total
9
15730
27
Coefficients
60
Standard Error I Star
P-value
Upper 95% Louer 99.096 Upper 99.096
28
Lower 9596
81.2753
29 lutercept
30 Population
9.2260
6.5033
0.0002
38.7247
29.0431
90.9569
8.6167 2.55E-05
3.6619
0.5803
6.3381
3.0530
6.9470
31
X Armand's.xlsx
Show all
8:01 PM
O Type here to search
5)
3/9/2021
9.
Transcribed Image Text:Bb Unit 8: Learning Activities - 21/SF X вы 1759848 B Unit 8: Promotional Strategy Part x b The purpose of this assignment i: x + A learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5fda9d7e7f5d0/1759848?X-Blackboard-Expiration=1615356000000&X-Blackboard-Signature=a4... E Apps • Paraphrasing Tool -. P My Perfect Resume C Plagiarism Checker. O Text To Speech Rea. S All the answers O Homework/test help FREE BOOKS downl. Microsoft 365 >> 1 /1 || + | 1759848 100% 14.7 Excel's Regression Tool 647 FIGURE 14.13 Regression Tool Output for Armand's Pizza Parlors D E F G H Populntion Restaurant 2 Sales 58 3 6. 105 4 88 5 118 6 12 117 16 137 20 157 20 169 10 22 149 11 10 26 202 12 13 SUMMARY OUTPUT 14 15 Regression Statistics 16 Multiple R 17 R Square 18 Adjusted R Square 19 Standard Error 20 Observations 0.9501 0.9027 0,8906 13,8293 10 21 22 ANOVA 23 dr SS MS Significance F 14200 24 Regression 25 Residual 14200 74.2484 2.55E-05 1530 191.25 26 Total 9 15730 27 Coefficients 60 Standard Error I Star P-value Upper 95% Louer 99.096 Upper 99.096 28 Lower 9596 81.2753 29 lutercept 30 Population 9.2260 6.5033 0.0002 38.7247 29.0431 90.9569 8.6167 2.55E-05 3.6619 0.5803 6.3381 3.0530 6.9470 31 X Armand's.xlsx Show all 8:01 PM O Type here to search 5) 3/9/2021 9.
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