Question: Linear regression was used to develop the slope and intercept values for a forecast equation in Y (sales volume) and X (customer traffic) using the

Linear regression was used to develop the slope

Linear regression was used to develop the slope and intercept values for a forecast equation in Y (sales volume) and X (customer traffic) using the data below (sales in million dollars; customers in thousands). Forecast the sales volume when the customer level is 22. a = -0.158; b = 0.131 12 16 15 14 17 20 CUSTOMERS(X) 10 SALE 1.0 VOLUME(Y) 1.4 1.9 2.0 1.8 2.1 2.3 Select one: a. 2.30 O b. 2.72 C. 2.46 d. 2.06

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