Question
The table below shows the number of cars sold last month by seven employees at Concord...
The table below shows the number of cars sold last month by seven employees at Concord Motors and their number of years of sales experience.
| Experience | Sales |
| 1 | 8 |
| 2 | 6 |
| 2 | 7 |
| 4 | 14 |
| 5 | 9 |
| 6 | 13 |
| 8 | 10 |
Management would like to use simple regression analysis to estimate
monthly car sales using the number of years of sales experience.
The y-intercept for the regression equation is ________.
| 2.165 |
| 4.598 |
| 6.940 |
| 8.337 |
Homework Answers
Answer #1
The statistical software output for this problem is:
Hence,
y - intercept = 6.940
Option C is correct.
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