code class="asciimath"Introduction to Regression Example: Producer Store Data for Seven Stores: Estimated Regression Equation: hat(y)_(i)=1636.415+1.487 The slope of this model is 1.487. Is square footage of the store affecting its annual sales?

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code class=&#34;asciimath&#34;>Introduction to Regression Example: Producer Store Data for Seven Stores: Estimated Regression Equation: hat(y)_(i)=1636.415+1.487 The slope of this model is 1.487. Is square footage of the store affecting its annual sales?

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