Direction. Complete the table and answer the following question. The marketing manager of the large supermarket chain would like to determine the effect of shelf space on the sales of pet food. A random sample of 7 stores was selected. STORE SHELF SPACE WEEKLY SALES 1 50 16 2 50 22 3 80 14 4 80 19 5 100 24 6 100 26 7 140 28 1. Determine the slope and y-intercept 2. Formulate the least square regression equation.

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Direction. Complete the table and answer the following question. The marketing manager of the large supermarket chain would like to determine the effect of shelf space on the sales of pet food. A random sample of 7 stores was selected. 1. Determine the slope and y-intercept 2. Formulate the least square regression equation. with solution and explanation please
Direction. Complete the table and answer the following question.
The marketing manager of the large supermarket chain would like to determine the effect of shelf space on
the sales of pet food. A random sample of 7 stores was selected.
STORE
SHELF SPACE
WEEKLY SALES
1
50
16
2
50
22
3
80
14
4
80
19
5
100
24
6
100
26
7
140
28
1. Determine the slope and y-intercept
2. Formulate the least square regression equation.
Transcribed Image Text:Direction. Complete the table and answer the following question. The marketing manager of the large supermarket chain would like to determine the effect of shelf space on the sales of pet food. A random sample of 7 stores was selected. STORE SHELF SPACE WEEKLY SALES 1 50 16 2 50 22 3 80 14 4 80 19 5 100 24 6 100 26 7 140 28 1. Determine the slope and y-intercept 2. Formulate the least square regression equation.
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