A local grocery store wants to predict its daily sales in dollars. The manager believes that the amount of newspaper advertising significantly affects sales. He randomly selects 7 days of data consisting of daily grocery store sales (in thousands of dollars) and advertising expenditures (in thousands of dollars). The Excel/MegaStat output given above summarizes the results of the regression model. What is the value of the simple coefficient of determination?

Step-by-step explanation:

Hello!

The manager of the store made a linear regression analysis to study if the amount of newspaper advertising (independent variable, X) significantly affects the sales (dependent variable, Y)

The coefficient of determination R² is a statistic that measures the percentage of the variability of Y that is explained by X in the context of the regression model. It also determines the ability of the model to replicate the results of the analysis.

The Excel output is attached below, the calculated determination coefficient is:

R²= 0.726

Interpretation

72.6% of the variability of the estimated average daily sales of the grocery store is explained by the amount of newspaper advertisement placed under the estimated model.

I hope this helps!

both graphs increase on their domain

neither graph has a y-intercept

step-by-step explanation:

the following points can be visualized easily from the graph

hi there!

first we need to find out how much they are adding to each number to make the next number.

ex: 4 + 4 = 8, 8 + 8 = 16, and so on.

so continuing with 32,

32 + 32 = 64

64 + 64 = 128

128 + 128 = 256

256 + 256 = 512

4, 8, 16, 32, 64, 128, 256, 512

the 8th term of the sequence will be 512

hope this ! ~