Please assist if you can Observations are taken on sales of
Please assist if you can!
Observations are taken on sales of a certain mountain bike in 30 sporting goods stores. The regression model was Y = total sales (thousands of dollars), X_1 = display floor space (square meters), X_2 = competitors\' advertising expenditures (thousands of dollars), X_3 = advertised price (dollars per unit). (a) Write the fitted regression equation. (Round your coefficient competing ads to 3 decimal places, coefficient price value to 4 decimal places and other values to 2 decimal places. Negative values should be indicated by a minus sign.)Solution
Y = 1,209.14 + 12.98*FloorSpace + -6.856*CompetingAds + - 0.1473*Price

