Question:An electronics retailer used regression to find a simple model
to predict sales growth in the...
Question
An electronics retailer used regression to find a simple model
to predict sales growth in the...
An electronics retailer used regression to find a simple model
to predict sales growth in the first quarter of the new year
(January through March). The model is good for 90 days, where x is
the day. The model can be written as follows: y = 1012.32 + 2.48x
where y is in thousands of dollars. What would you predict the
sales to be on day 30?