Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during the previous month, Gershon has collected the data shown in the following table: Maroon 5 TV Appearances Demand for Guitars D 3686107 This exercise contains only parts b, c, and d b) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal places):

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during the
previous month, Gershon has collected the data shown in the following table:
Maroon 5 TV Appearances
Demand for Guitars
D
447697
3686 10 7
This exercise contains only parts b, c, and d
b) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal places)
Transcribed Image Text:Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during the previous month, Gershon has collected the data shown in the following table: Maroon 5 TV Appearances Demand for Guitars D 447697 3686 10 7 This exercise contains only parts b, c, and d b) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal places)
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