Question: Question 2 A manager uses the following linear regression equation to predict monthly sales of books: Y = 40,000 + 150t Where t and Y

Question 2 A manager uses the following linear regression equation to predict monthly sales of books: Y = 40,000 + 150t Where t and Y refers to the time period and sales respectively. The sales of books are: going up at a rate of 150 monthly staying the same going down at a rate of 150 yearly 0 going up at a rate of 40,000 yearly What is the forecast for July of next year if t=0 is April of this year? 42,100 None of the other choices are correct 40,250 40,600 42,250

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