In: Other
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 |
5 |
9 |
6 |
Demand for Guitars |
2 |
6 |
8 |
6 |
10 |
8 |
This exercise contains only parts b, c, and d.
b) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal
places).
Y=_+_x
fill in the blacks