The sales, in millions of pesos, of a certain company are shown in the table below. Year X Sales Y 1 12 2 15 3 17 4 18 a. Determine the regression equation. b. Predict the sales in 15 years. 5 16 6 19 7 21 8 20 9 22 10 24

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Need asap please (under Correlation and Regression)

The sales, in millions of pesos, of a certain company are shown in the table below.
Year
X
Sales
Y
1
12
2
15
3
17
4
18
a. Determine the regression equation.
b. Predict the sales in 15 years.
5
16
6
19
7
21
8
20
9
22
10
24
Transcribed Image Text:The sales, in millions of pesos, of a certain company are shown in the table below. Year X Sales Y 1 12 2 15 3 17 4 18 a. Determine the regression equation. b. Predict the sales in 15 years. 5 16 6 19 7 21 8 20 9 22 10 24
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman