The sales analyst thinks that there is a high correlation between population of youth and the...
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The sales analyst thinks that there is a high correlation between population of youth and the mountain bike sales. First, prove that this assumption is correct (Do the necessary calculations. Find R and R and explain them? Then, if this assumption is correct, develop your regression equation and calculate what would be the mountain bike sales when population of youth is equal to 25? Population of youth 10 12 15 18 20 25 Mountain bike sales 15 16 18 20 22 ? The sales analyst thinks that there is a high correlation between population of youth and the mountain bike sales. First, prove that this assumption is correct (Do the necessary calculations. Find R and R and explain them? Then, if this assumption is correct, develop your regression equation and calculate what would be the mountain bike sales when population of youth is equal to 25? Population of youth 10 12 15 18 20 25 Mountain bike sales 15 16 18 20 22 ?
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Determine the correlation between the population of youth and mountain bike sales we need to calculate the correlation coefficient R The correlation c... View the full answer
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Posted Date:
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