CORN SOYBEANS WHEAT 4152 1127 1352 6639 1798 2381 4175 1636 2420 7672 1861 2595
ID: 1947596 • Letter: C
Question
CORN SOYBEANS WHEAT4152 1127 1352
6639 1798 2381
4175 1636 2420
7672 1861 2595
8876 2099 2424
8226 1940 2091
7131 1938 2108
4929 1549 1812
7525 1924 2037
7933 1922 2739
? 1181 2250
The International Agricultural Producers publishes annual data on various selected farm
products. Shown above are the unit productions figures (in millions of bushels) for three
farm products for 10 years.
Use this data and multiple regression analysis to predict corn production by the
production of soybeans and wheat.
Explanation / Answer
Our model is: CORN=6.2555 *SOYABEAN-0.7682*WHEAT-2718.3578 AT Soyabean=1181 wheat=2250 CORN = 2877.938
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