The makers of the Lexus automobile have steadily increased their sales since their U.S. launch in 1989.

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The makers of the Lexus automobile have steadily increased their sales since their U.S. launch in 1989. However, the rate of increase changed in 1996 when Lexus introduced a line of trucks. The sales of Lexus from 1996 to 2005 are shown in the table.

Year 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 100 155 180 210 224 234 26O 288 Sales (thousands 80 303 of vehicl


a. Plot the data using a scatterplot. How would you describe the relationship between year and sales of Lexus?

b. Find the least-squares regression line relating the sales of Lexus to the year being measured.

c. If you were to predict the sales of Lexus in the year 2015, what problems might arise with your prediction?

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Introduction To Probability And Statistics

ISBN: 9780495389538

13th Edition

Authors: William Mendenhall, Robert J. Beaver, Barbara M. Beaver

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