From a company report the following data is given. X= advertising share and Y = market share for par


Question: From a company report the following data is given. X= advertising share and Y = market share for particular brand.

X 0.103 0.072 0.71 0.086 0.047 0.06 0.05 0.07 0.052 0.077
Y 0.135 0.125 0.12 0.079 0.076 0.065 0.059 0.051 0.039 0.086

a. Construct a scatter plot for these data. Can we use linear regression here/

b. Calculate the regression line and use to obtain the predicted market share when the advertising share is 0.9

c. Compute r2. How would you interpret this value?

d. Calculate 95% confidence interval for the prediction in (b)

Price: $2.99
Answer: The answer consists of 6 pages
Deliverable: Word Document

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