Question: Yellow Inc. is developing a forecasting model based on the perceived relationship between Sales and Marketing. Using the data below, apply the Linear Regression Method

Yellow Inc. is developing a forecasting model based on the perceived relationship between Sales and Marketing. Using the data below, apply the Linear Regression Method and calculate the parameter a. Parameter b is calculated as 1.51429. (Table shown in $ in thousands).

Sales (Y) Marketing (X)
12 1
14 2
16 3
17 4
18 5
20 6

a. 12.34

b. 11.54

c. 9.65

d. 8.65

e. 10.87

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