(Solved) Show All Work for all of the problems. Calculate the correlation coefficient for the advertising expenditures and company sales. Calculate the
Question: Show All Work for all of the problems.
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Calculate the correlation coefficient for the advertising expenditures and company sales.
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Calculate the slope and y-intercept of the line of best fit.
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What is the equation for the line of best fit.
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What would be the predicted company sales for a business that spent $2800
- What is the coefficient of determination.
| Expenditures | Company Sales | x2 | y2 | x*y |
| 2.4 | 225 | 5.76 | 50625 | 540 |
| 1.6 | 184 | 3.2 | 33856 | 294.4 |
| 2 | 220 | 4 | 48400 | 440 |
| 2.6 | 240 | 5.2 | 57600 | 624 |
| 1.4 | 180 | 2.8 | 32400 | 252 |
| 1.6 | 184 | 3.2 | 33856 | 294.4 |
| 2 | 186 | 4 | 34596 | 372 |
| 2.2 | 215 | 4.4 | 46225 | 473 |
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Solution: The downloadable solution consists of 4 pages
Deliverable: Word Document 