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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 collected the data shown in the following table Maroon 5 TV Appearances Demand for Guitars c) The estimate for guitar sales if Maroon 5 performed on TV 9 times- d) The correlation coefficient (r) for this model The coefficient of determination (2) for this model= 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): 357697 4 6 8 6 10 6 Y= The percentage of variation in sales that can be explained by TV appearances = x sales (round your response to two decimal places). (round your response to four decimal places). (round your response to four decimal places). % (round your response to two decimal places). O

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 collected the data shown in the following table Maroon 5 TV Appearances Demand for Guitars c) The estimate for guitar sales if Maroon 5 performed on TV 9 times- d) The correlation coefficient (r) for this model The coefficient of determination (2) for this model= 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): 357697 4 6 8 6 10 6 Y= The percentage of variation in sales that can be explained by TV appearances = x sales (round your response to two decimal places). (round your response to four decimal places). (round your response to four decimal places). % (round your response to two decimal places). O

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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tab s lock 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 month Ges collected the data shown in the following table V esc 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): c) The estimate for guitar sales if Maroon 5 performed on TV 9 times = d) The correlation coefficient (r) for this model The coefficient of determination (2) for this model= The percentage of variation in sales that can be explained by TV appearances = Q A N @ 2 W S 31/1 X ** 3 8.0 F3 E D C $ Maroon 5 TV Appearances Demand for Guitars sales (round your response to two decimal places). (round your response to four decimal places). (round your response to four decimal places). 4 889 R F % 5 V d Es FS Y = T G % (round your response to two decimal places). A 6 Saks 22 FG Y B 35769 7 4 6 8 6 10 6 & 7 H X 44 F7 U N * 00 8 n DII FI I 20 9 M DD F9 K Y 0 O V A F10 L - 1- P FR *** 16 + 11 $12 N A OVERSIONS ADD WATER deler
Transcribed Image Text:tab s lock 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 month Ges collected the data shown in the following table V esc 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): c) The estimate for guitar sales if Maroon 5 performed on TV 9 times = d) The correlation coefficient (r) for this model The coefficient of determination (2) for this model= The percentage of variation in sales that can be explained by TV appearances = Q A N @ 2 W S 31/1 X ** 3 8.0 F3 E D C $ Maroon 5 TV Appearances Demand for Guitars sales (round your response to two decimal places). (round your response to four decimal places). (round your response to four decimal places). 4 889 R F % 5 V d Es FS Y = T G % (round your response to two decimal places). A 6 Saks 22 FG Y B 35769 7 4 6 8 6 10 6 & 7 H X 44 F7 U N * 00 8 n DII FI I 20 9 M DD F9 K Y 0 O V A F10 L - 1- P FR *** 16 + 11 $12 N A OVERSIONS ADD WATER deler
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