Use simple regression analysis in SPSS or Excel to estimate the regression equation depicted by the data in the table below; Year (t) 1 2 3 4 5 6 7 8 9 10 Advert (X) 10 9 11 12 11 12 13 13 14 15 Sales Revenue (Y) 44 40 42 46 48 52 54 58 56 60 Using above estimate the relevant regression parameters, indicate their statistical significance and explain the overall significance of the model.

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
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Use simple regression analysis in SPSS or Excel to estimate the regression equation depicted by the data in the table below;

Year (t) 1 2 3 4 5 6 7 8 9 10
Advert (X) 10 9 11 12 11 12 13 13 14 15
Sales Revenue (Y) 44 40 42 46 48 52 54 58 56 60

Using above estimate the relevant regression parameters, indicate their statistical significance and explain the overall significance of the model.

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