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SP 3
SP 3
956 which signifies that the two variable named administrative expenses (independent variable) and earned revenue has a very strong relationship. If administrative expenses are increased, the total revenue increases almost with an almost equal extent. Here we got the intercept 17.025 which signifies if there is zero amount paid as administrative expenses the revenue will be 17.025. The slope coefficient is .006. This means that if x is changed by an amount of x, the change in y is y=.006x. For example, if administrative expense is increased by 1000 the revenue will be increases by 1006. Here we have found the equation below, i=yi-17.025+.006xi
Y=17.025+.006xi
Intercept