Essay
(A)Draw a scatterplot,of the data and comment on the relationship between shelf space and weekly sales.
(B)Run a regression on this data set and report the results.
(C)What are the least squares regression coefficients of the Y-intercept (a)and slope (b)?
(D)Interpret the meaning of the slopeb.
(E)Predict the average weekly sales (in hundreds of dollars)of international food for stores with 13 feet of shelf space for international food.
(F)Why would it not be appropriate to predict the average weekly sales (in hundreds of dollars)of international food for stores with 35 feet of shelf space for international food?
(G)Identify the coefficient of determination, ,and interpret its meaning.
(H)Determine the standard error of the estimate.What does it represent?
(I)Draw a scatterplot of residuals versus fitted values.What does this graph indicate?
Correct Answer:

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(A)
It seems that a linear relationship...View Answer
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Correct Answer:
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