You believe that the number of cows, land size and the number of laborers are the best predictors for total milk production on any given farm. Perform a multiple regression in Excel and provide your interpretations.
Display your Excel output.
Write down the regression equation and interpret all the coefficients.
Write down the coefficient of determination and interpret its meaning.
Analyze the residual plots of your multiple regression model.
What is the predicted milk production for a 30-acre farm with 20 milking cows and 3 labors?
What is the null hypothesis to determine whether there is significant relationship between total mi