Question: By plotting the data, we find that the linear regression is appropriate to use kindergarten enrollment 2 years prior to forecast the number of visitors

By plotting the data, we find that the linear
By plotting the data, we find that the linear regression is appropriate to use kindergarten enrollment 2 years prior to forecast the number of visitors (you may use scatter plot to double check the association between these two variables). Construct the regression model using any Excel functions introduced in the last video. What is the slope? Round to 4 decimal places. Hint: Think about what are X and Y variables. Year 1 's kindergarten enrollment should be used to forecast Year 3 's number of visitors. Answer: What would be Year 8 's forecast using above regression model? Round to the nearest integer

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!