Question: Carpet World wants to develop a means to forecast its carpet sales. The store manager would like to confirm which of two possible variables -

Carpet World wants to develop a means to forecast its carpet

Carpet World wants to develop a means to forecast its carpet sales. The store manager would like to confirm which of two possible variables - time period vs. monthly house construction permits - is a better indicator of carpet sales. The manager has gathered data from city records of monthly house construction permits and from store records on monthly sales. The data are as follows. Do the necessary computations (express your results up to 2 decimal places) and choose the best answer that would complete each statement. TIME PERIOD (MONTH) MONTHLY CONSTRUCTION PERMITS MONTHLY CARPET SALES (1,000 YARDS) 1 21 5 10 35 10 12 16 4 3 Nm 7 in N 000 9 40 2 12 25 11 18 9 10 26 14 Carpet World wants to develop a means to forecast its carpet sales. The store manager would like to confirm which of two possible variables - time period vs. monthly house construction permits - is a better indicator of carpet sales. The manager has gathered data from city records of monthly house construction permits and from store records on monthly sales. The data are as follows. Do the necessary computations (express your results up to 2 decimal places) and choose the best answer that would complete each statement. TIME PERIOD (MONTH) MONTHLY CONSTRUCTION PERMITS MONTHLY CARPET SALES (1,000 YARDS) 1 21 5 10 35 10 12 16 4 3 Nm 7 in N 000 9 40 2 12 25 11 18 9 10 26 14

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