| A company is interested to know what the potential sales in units for 2009. To make this forecast the company uses information from previous years which is given below: Y X | Year Sales ($000) Advertising ($000) | 2002 $8 $1 | 2003 $12 $2 | 2004 $18 $ 3 | 2005 $20 $ 3 | 2006 $30 $5 | 2007 $35 $6 | 2008 $60 $7 | 2009 $90 $9 INSTRUCTIONS: | | A) Obtain the regression equation | B) Calculate sales for the year 2010 if the advertising was $ 12,000. | C) Develop the graph to the problem | D) Carry out the analysis of correlation and determination
| A company is interested to know what the potential sales in units
by Panel | Nov 14, 2020 | Uncategorized