The data below represents demand,selling price,and advertising expenditures for an electronics item.
a.Develop a multiple regression model to predict monthly demand.
b.What is the R-squared on this model?
c.Based on the model developed in part a,what would be the predicted monthly demand if the price of the item is set to $49 and $100 is spent on advertising?

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The Answer of The data below represents demand,selling price,and advertising expenditures for an electronics item.
a.Develop a multiple regression model to predict monthly demand.
b.What is the R-squared on this model?
c.Based on the model developed in part a,what would be the predicted monthly demand if the price of the item is set to $49 and $100 is spent on advertising?

The Data Below Represents Demand,selling Price,and Advertising Expenditures for an Electronics