Question 2: Use linear regression to develop a predictive model for demand for ironing board covers based
Fantastic news! We've Found the answer you've been seeking!
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 (000) | Demand for Covers (000) |
1 | 8 | 5 |
2 | 7 | 2 |
3 | 12 | 7 |
4 | 9 | 6 |
- Develop the equation.
- What is the coefficient of correlation for this data?
Expert Answer:
Posted Date:
