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Regression analysis

A)Show the scatter diagram and explain whether it displays a linear relationship.
b)Enter the regression equation
c)Interpret the coefficients in the regression.
d)Predict the amount of ice cream sold for one day with a temperature of 950C.

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Solution Summary

Step by step method for regression analysis is discussed here. Regression coefficients, coefficient of determination, scatter diagram and significance of regression model are explained in the solution.