What is the estimated simple linear regression equation? The local grocery store

Question

What is the estimated simple linear regression equation?

The local grocery store wants to predict the daily sales in dollars. The manager believes that the amount of newspaper advertising significantly affects the store 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/Mega-Stat output given above summarizes the results of the regression model. What is the estimated simple linear regression equation? A. Y^= 7.9682 + 1.667 X B. Y^= 63.333 + 6.667 X c. Y^= 7.948 + 4.000 X D. Y^= 11.547 + 1 667 X E. Y^= 6.667 + 63.333 X

Explanation / Answer

The estimated simple linear regression equation is   

Y=a+bX    

Y=63.333+6.667X

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