Question: Include the steps written out and show all values. LLIV Use the following information to answer the next two exercises. An electronics retailer used regression
Include the steps written out and show all values.

LLIV Use the following information to answer the next two exercises. An electronics retailer used regression to find a simple model to predict sales growth in the first quarter of the new year (January through March). The model is good for 90 days, where x is the day. The model can be written as follows: y = 101.32 + 2.48x where y is in thousands of dollars. 31. What would you predict the sales to be on day 60? 32. What would you predict the sales to be on day 90
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
