Question: Shoppers at a local supermarket spend on average 85 during

Shoppers at a local supermarket spend, on average, $85 during each shopping trip. Imagine the scatter-plot that shows the total amount spent each day in the store on the y-axis versus the number of shoppers each day on the x-axis.
(a) Would you expect a linear equation to describe these data?
(b) What would you expect for the intercept of the linear model?
(c) What would you expect for the slope?
(d) Do you expect patterns in the variation around the equation?

View Solution:


Sale on SolutionInn
Sales0
Views62
Comments
  • CreatedJuly 14, 2015
  • Files Included
Post your question
5000