Question: a.) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal places) Y= _ + _x b.) The correlation

a.) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal places) Y= _ + _x
b.) The correlation coefficient (r) for this model = __ (round your response to four decimal places).
c. )The coefficient of determination (r squared) for this model is __ (round your response to four decimal places)
d.) The percentage of variation in sales that can be explained by TV appearances = __% round your response to two decimal places)
Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during the previous month. Gershon has collected the data shown in the following table: 5 6 6 8 7 Maroon 5 TV Appearances Demand for Guitars 3 4 6 7 5 9 6 This exercise contains only parts b, c, and d. b) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal places): Y = 0 + 1xStep by Step Solution
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