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The Times-Observer is a daily newspaper in Metro City. Like many city newspapers, the Times-Observer is suffering through difficult financial times....
The Times-Observer is a daily newspaper in Metro City. Like many city newspapers, the Times-Observer is suffering through difficult financial times. The circulation manager is studying other papers in similar cities in the United States and Canada. She is particularly interested in what variables relate to the number of subscriptions to the paper. She is able to obtain the following sample information on 25 newspapers in similar cities. The following notation is used:Sub= Number of subscriptions (in thousands).Popul= The metropolitan population (in thousands).Adv= The advertising budget of the paper (in $ hundreds).Income= The median family income in the metropolitan area (in $ thousands). a)Determine the regression equation. (Round your answers to 4 decimal places.)
