What is the multiple regression equation? Please provide a breakdown and steps. SUMMARY OUTPUT: Regression Statistics: Multiple R: 0.999126541 R Square: 0.998253845 Adjusted R Square: 0.997850887 Standard Error: 1606.338836 Observations: 17 ANOVA: SS MS F Significance F Regression: 19176791276 Residual: 33544217.91 Total: 19210335494 F: 2477.310071 Significance F: 3.59718E-18 Coefficients: Standard Error P-value Lower 95% Upper 95% Intercept: 1548.41933 955.0431968 1.621308162 0.128942525 -514.8260579 3611.664718 XVariable1: 2.007443166 0.16920308 11.86410536 2.39537E-08 1.641902136 2.372984196 XVariable2: 0.756402565 0.066206552 11.42488994 3.75785E-08 0.613372006 0.899433124 XVariable3: 2.503739201 0.41573483 6.022442717 4.28657E-05 1.605598704 3.401879698 Equation of the line: Cost formula using more than one independent variable: 0.756402565 X2 + 2.503739201 X3
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.. + bnXn where Y is the dependent variable, b0 is the intercept, b1, b2, ..., bn are the coefficients for the independent variables X1, X2, ..., Xn. Show moreā¦
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