Question: Question 2: Use linear regression to develop a predictive model for demand for ironing board covers based on sales of irons. Year Sales of Irons

Question 2:

Use linear regression to develop a predictive model for demand for ironing board covers based on sales of irons.

Year

Sales of Irons (000)

Demand for Covers (000)

1

8

5

2

7

2

3

12

7

4

9

6
  1. Develop the equation.
  2. What is the coefficient of correlation for this data?

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