Question: Customer Sales Christmas State of Residence Holden 362.97 72.59 WA Cary 116.28 33.26 WA Lingg 292.28 58.46 WA Mundy 115.88 26.13 WA Flores 797.31 143.19
| Customer | Sales | Christmas | State of Residence |
| Holden | 362.97 | 72.59 | WA |
| Cary | 116.28 | 33.26 | WA |
| Lingg | 292.28 | 58.46 | WA |
| Mundy | 115.88 | 26.13 | WA |
| Flores | 797.31 | 143.19 | WA |
| Rankin | 996.78 | 188.84 | WA |
| Domingo | 347.46 | 69.49 | WA |
| Price | 188.79 | 37.76 | ID |
| Chow | 179.88 | 35.98 | ID |
| Schieber | 554.27 | 115 | ID |
| Hendrickson | 820.28 | 385 | ID |
| Malone | 537.38 | 107.48 | ID |
| Kagen | 982.28 | 196.46 | ID |
| Lyman | 337.65 | 69.95 | ID |
| Gross | 504.87 | 94.97 | OR |
| Osborne | 172.5 | 34.5 | OR |
| Stevens | 361.5 | 72.3 | OR |
| Carruth | 828 | 172.25 | OR |
| Field | 359.37 | 71.87 | OR |
| Thiesen | 332 | 66.4 | OR |
| McClaren | 185.37 | 39.07 | OR |
| Knorr | 237.32 | 47.46 | MT |
| Smith | 169.32 | 33.86 | MT |
| Knoxx | 353.93 | 72.79 | MT |
| Ellis | 1,497.68 | 299.54 | MT |
| Buchannan | 829.32 | 165.86 | MT |
| Pierce | 188.37 | 36.5 | MT |
| Hayes | 225 | 45 | MT |
| Garfield | 169.49 | 33.9 | NV |
| Arthur | 985.99 | 204.2 | NV |
| Cleveland | 188.78 | 37.76 | NV |
| MCKinnley | 582.81 | 116.56 | NV |
| Taft | 228 | 55.13 | NV |
| Wison | 342.75 | 68.55 | NV |
| Harding | 988.83 | 194.77 | NV |
| Coolidge | 398.82 | 79.76 | UT |
| Hoover | 345 | 72.31 | UT |
| Roosevelt | 387 | 77.4 | UT |
| Truman | 192.9 | 39.4 | UT |
| Bilson | 216.42 | 43.28 | UT |
| Michele | 227 | 46.84 | UT |
| Field | 176.33 | 35.27 | UT |
The 2016 Sales data contains customers’ historical annual sales and their Christmas spend.
Build a model to estimate upcoming Christmas spend based on their annual sales.
Evaluate the goodness of fit; try to improve the model’s fit to over 90%.
Step by Step Solution
3.46 Rating (153 Votes )
There are 3 Steps involved in it
We will build a linear regression model to predict Christmas spend based on annual sales The model w... View full answer
Get step-by-step solutions from verified subject matter experts
