Question: I cant solve, please show the work! The following data represent the number of certain computer system sold per day at a local computer shop
I cant solve, please show the work!
The following data represent the number of certain computer system sold per day at a local computer shop and their prices (in hundreds of dollars).
Price(x)34363235303840
UnitsSold (y)3465921
Use a computer to answer the following questions (round to two decimal places):
I. The simple regression equation is.The letter associated with the correct answer is
a) Y=19.5 -0.44X
b) Y=29.79 -0.73X
c) Y=32.21 -0.79X
d)Y=37.46 -0.94X
e)None of the above
II. Estimate the number of units sold if the price is 3,500 dollars.The letter associated with the correct answer is
a) 3.77
b) 4.24
c) 5.42
d) 6.43
e) None of the above
III. Find error # 5.The letter associated with the correct answer is
a) -0.05
b) 0.58
c) 1.11
d) 1.44
e)None of the above
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