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 3 4 7 6 8 5 Demand for Guitars 3 6 7 5 10 7 b) Using the least-squares regression method, the equation for forecasting is (round your response to four decimal places): Y= _____+_____X C) The estimate for guitar sales if Maroon 5 performed on Tv 9 times =___ (round your response to 2 decimal places
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 3 4 7 6 8 5
Demand for Guitars 3 6 7 5 10 7
b) Using the least-squares regression method, the equation for
Y= _____+_____X
C) The estimate for guitar sales if Maroon 5 performed on Tv 9 times =___ (round your response to 2 decimal places
Given information,
| Maroon 5 Tv | 3 | 4 | 7 | 6 | 8 | 5 |
| Demand for Guitars | 3 | 6 | 7 | 5 | 10 | 7 |
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