Homework Answers
So the linear regression equation is y = 203.33 + 35.5 x
99.8 % variation in sales can be explained by the model. So it's a very good fit we must say.
When the quarter is 4 we observed the estimated value of sales is 345.
We processed the whole problem in MS Excel
Step1 - Two columns are typed
Step 2 - Go to Data - Data analysis- Regression- ok
Step 3 - The dialog box appears where the desired boxes are filled and click ok.
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Thanks for the problem. Let me know if you have any doubt and please give me a like if I deserve. Thanks.
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sales
of Bubble Up over the next two
years. The company has analyzed Bubble Up's market share
for its service area over the
past 20 quarters. Market share has generally been growing as
indicated in the table B
below.
During this same five year
period, total soft drink sales in the region (as measured in
100,000s of cases) have been
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