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 8 6 7 7 Demand for Guitars 4 6 7 5 10 6   This exercise contains only parts​ b, c, and d. Part 2 ​b) Using the​ least-squares regression​ method, the equation for forecasting is ​(round your responses to four decimal ​places)​:   Y​ = enter your response here ​+ enter your response herex

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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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
3
4
8
6
7
7
Demand for Guitars
4
6
7
5
10
6
 
This exercise contains only parts​ b, c, and d.
Part 2
​b) Using the​ least-squares regression​ method, the equation for forecasting is ​(round your responses to four decimal
​places)​:
 
Y​ =
enter your response here
​+
enter your response herex
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