I am trying to get my regression right. I want to see, if subs increase how much increase in revenue is seen. The dependent variable is Revenue while the independent variable is subscribers.
Least squares method regression shows the following equation 24.4x - 189,883,443. I can't make sense of it. If subs increase means increase in revenue, then why this?
There is no 0 value and the lowest value for subscribers starts with 10 m while revenue starts with 180 m
How can i make sense of y = 24.4x - 189,883,443. Why is the intercept negative. Does it mean that one sub increase would mean a revenue increase of 24.4
regression excel?