Imagine a regression with YEAR (as in 2015 or 2001) predicting SALES (in thousands of dollars) as so: SALES = 100 + 0.5*YEAR And YEAR is statistically significant. What should you predict SALES to be in 2020? (Express your answer as SALES does: in thousands of dollars.)
Imagine a regression with YEAR (as in 2015 or 2001) predicting SALES (in thousands of dollars) as so: SALES = 100 + 0.5*YEAR And YEAR is statistically significant. What should you predict SALES to be in 2020? (Express your answer as SALES does: in thousands of dollars.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.8: Analyzing Functions With Successive Differences
Problem 35HP
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Imagine a regression with YEAR (as in 2015 or 2001) predicting SALES (in thousands of dollars) as so:
SALES = 100 + 0.5*YEAR
And YEAR is statistically significant. What should you predict SALES to be in 2020? (Express your answer as SALES does: in thousands of dollars.)
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