isplay noor space (square meters), X2 = Competitors' advertising expenditure advertised price (dollars per unit). Predictor Intercept FloorSpace CompetingAds Coefficient 1,286.84 13.87 -6.841 Price -0.1454 (a) Write the fitted regression equation. (Round your coefficient CompetingAds to 3 decimal places, coet places, and other values to 2 decimal places. Negative values should be indicated by a minus sign.) * FloorSpace + CompetingAds + * Price

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 76E
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3:46 74°
YG 94%
Observations are taken on sales of a certain mountain bike in 30 sporting goods stores. The regression mod
(thousands of dollars), X = display floor space (square meters), X2 = competitors' advertising expenditures (t
advertised price (dollars per unit).
Predictor
Coefficient
1,286.84
Intercept
FloorSpace
CompetingAds
13.87
-6.841
Price
-0.1454
(a) Write the fitted regression equation. (Round your coefficient CompetingAds to 3 decimal places, coeffic
places, and other values to 2 decimal places. Negative values should be indicated by a minus sign.)
FloorSpace +
CompetingAds +
* Price
(b-1) The coefficient of FloerSpace says that each additional square foot of floor space
面
tilror
07 fra m l ac lin +has nde fdal -al
Transcribed Image Text:3:46 74° YG 94% Observations are taken on sales of a certain mountain bike in 30 sporting goods stores. The regression mod (thousands of dollars), X = display floor space (square meters), X2 = competitors' advertising expenditures (t advertised price (dollars per unit). Predictor Coefficient 1,286.84 Intercept FloorSpace CompetingAds 13.87 -6.841 Price -0.1454 (a) Write the fitted regression equation. (Round your coefficient CompetingAds to 3 decimal places, coeffic places, and other values to 2 decimal places. Negative values should be indicated by a minus sign.) FloorSpace + CompetingAds + * Price (b-1) The coefficient of FloerSpace says that each additional square foot of floor space 面 tilror 07 fra m l ac lin +has nde fdal -al
Expert Solution
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It is given that the intercept is 1,286.84.

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