Exhibit 14-6
You are given the following information about y and x.
-A company has recorded data on the weekly sales for its product (y) and the unit price of the competitor's product (x). The data resulting from a random sample of 7 weeks follows. Use Excel to develop a scatter diagram and to compute the least squares estimated regression equation and the coefficient of determination.

Question

Exhibit 14-6
You are given the following information about y and x. 
-A company has recorded data on the weekly sales for its product (y) and the unit price of the competitor's product (x). The data resulting from a random sample of 7 weeks follows. Use Excel to develop a scatter diagram and to compute the least squares estimated regression equation and the coefficient of determination.

Quizplus · Accepted Answer

The Answer of Exhibit 14-6
You are given the following information about y and x. 
-A company has recorded data on the weekly sales for its product (y) and the unit price of the competitor's product (x). The data resulting from a random sample of 7 weeks follows. Use Excel to develop a scatter diagram and to compute the least squares estimated regression equation and the coefficient of determination.

Exhibit 14-6 You Are Given the Following Information About Y and X