For each unit increase in Advertising Quantity Sold increases with 0592 units. Minitab displays the coefficient values for the equation in the second column. A regression is a statistical analysis assessing the association between two variables.
Y Quantity Sold 8536214 -835722 Price 0592 Advertising.
For each unit increase in Advertising Quantity Sold increases with 0592 units. So we have the equation for our line. Write the regression equation using the variables t Q1 Q2 and Q3. A model regression equation allows you to predict the outcome with a relatively small amount of error.