<u>Multiple Regression Analysis is the technique used o see if there is any impact of price point, color, or the interaction</u>
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Step-by-step explanation:
- Multiple regression is a statistical technique which is used to predict the value of a variable based on the values of the two or more variables.
- In the above example we want to predict the Purchase value depending upon the value of the price points and the value of the product colors.
x and 4x are supplementary to each other, meaning they add up to 180. So your equation is 180=5x. Divide both sides by 5 to get 36=x.
For this case we have that by definition, the equation of a line of the slope-intersection form is given by:
Where:
m: It is the slope of the line
b: It is the cut point with the y axis
According to the graph, we have the points:
We find the slope:
Thus, the equation is of the form:
We substitute a point and find b:
Finally we have:
Answer:
Answer:
I don't see a graph
Step-by-step explanation: