Question: This exercise contains only parts b , c , and d . b ) Using the least - squares regression method, the equation for forecasting
This exercise contains only parts and
b Using the leastsquares regression method, the equation for forecasting is round your responses to four decimal places:
c The estimate for guitar sales if Maroon performed on TV times sales round your response to two decimal places
d The correlation coefficient for this model round your response to four decimal places
The coefficient of determination for this model round your response to four decimal places
The percentage of variation in sales that can be explained by TV appearances round your response to two decimal placesMark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon during the previous month. Gershon has collected the data shown in the following table:
tableMaroon TV Appearances,Demand for Guitars,
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