mba 522 3 data units in regresson equations

mba 522 3 data units in regresson equations - and we have...

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A multiple regression equation is: Yhat = -1.2 + 1.3 X1 + 2.9 X2 + 8.8 X3 Where: X1 is number of employees in thousands X2 is number of stations in hundreds, X3 is crude oil inventory in millions of dollars Yhat estimates revenues in millions of dollars Estimate revenues when 1120 employees are on the payroll, 120 stations are operating,
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Unformatted text preview: and we have $96,800,000 of crude oil in inventory. What would be your answer:? $ ______________ Compute and post your answer (and logic used) to this week's DB....
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