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
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...
Related questions
Question
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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 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
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3
8.0
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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
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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
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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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