The regression equation net income 2277 .0307 revenue was, Ask an Expert

Management Studies

The regression equation Net Income = 2,277 + .0307 Revenue was fitted from a sample of 100
leading world companies (variables are in millions of dollars).

(a) Interpret the slope.

(b) Is the intercept meaningful? Explain.

(c) Make a prediction of NetIncome when Revenue = 1,000. (Data are
from www.forbes.com and Forbes 172, no. 2 [July 21, 2003], pp. 108-110.) Global100

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9311896

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