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
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
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
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Chapter1: Equations And Graphs
Section1.FOM: Focus On Modeling: Fitting Lines To Data
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Calculate Regression equation
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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