Question: Question #2 2. {A} In street Question #2 perform a regression analysis on the above data to see if househo income can he used to


Question #2 2. {A} In street Question #2 perform a regression analysis on the above data to see if househo income can he used to predict future sales. (E) Create a graph that shows the historical data, regression line and 95% confidence interval lines. ((3) Predict sales for the next three years he on the income proiections listed below. (fill in the blanks heiow} Estimated Year Income Prediction 1999 59,999 2999 92,999 d 2991 95,999 (D) Is this a good representational model? Why or rrrrtryr not? {Answer}
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
