# Question

Consider the sales prediction model developed for Northern Household Goods in Example 11.2.

a. Estimate per capita sales if the mean disposable income is $56,000.

b. Interpret the coefficients b0 and b1 for Northern's management.

c. You have been asked to estimate per capita sales if mean disposable income grows to $64,000. Discuss how you would proceed and indicate your cautions.

a. Estimate per capita sales if the mean disposable income is $56,000.

b. Interpret the coefficients b0 and b1 for Northern's management.

c. You have been asked to estimate per capita sales if mean disposable income grows to $64,000. Discuss how you would proceed and indicate your cautions.

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