bu are investigating the link between the number of customers visiting a website (X) and the number of roducts sold (Y). You get the following results in Excel: Sales vs Visitors 100 95 90 85 80 75 70 y= 0.0088x + 18.48 R=0.7026 65 60 55 50 5000 5500 6000 6500 7000 7500 8000 8500 Visitors ) What is the slope of the regression line? (see information in the picture - quation located below the regression line) ) Write the regression equation, y = quation located below the regression line) (see information in the picture - :) If the website has 6,000 visitors this month, how many sales per month would you expect? Sales
bu are investigating the link between the number of customers visiting a website (X) and the number of roducts sold (Y). You get the following results in Excel: Sales vs Visitors 100 95 90 85 80 75 70 y= 0.0088x + 18.48 R=0.7026 65 60 55 50 5000 5500 6000 6500 7000 7500 8000 8500 Visitors ) What is the slope of the regression line? (see information in the picture - quation located below the regression line) ) Write the regression equation, y = quation located below the regression line) (see information in the picture - :) If the website has 6,000 visitors this month, how many sales per month would you expect? Sales
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:You are investigating the link between the number of customers visiting a website (X) and the number of
products sold (Y). You get the following results in Excel:
Sales vs Visitors
100
95
90
85
80
75
70
y = 0.0088x + 18.48
R2 = 0.7026
65
60
55
50
5000
5500
6000
6500
7000
7500
8000
8500
Visitors
(a) What is the slope of the regression line?
(see information in the picture -
equation located below the regression line)
(b) Write the regression equation, y =
(see information in the picture -
equation located below the regression line)
(c) If the website has 6,000 visitors this month, how many sales per month would you expect?
Sales
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