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Below you are given information on Jim's Hair Cut profit (in thousands) for the past 6 months.  Use regression analy...

Below you are given information on Jim's Hair Cut profit (in thousands) for the past 6 months.  Use regression analysis to obtain an expression for the linear trend projection ŷ = ________.

Month Sales
1 2.52
2 3.08
3 2.96
4 3.14
5 3.21
6 2.99
0 0
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Answer #1
Month(x) Sale(y) xy X^2
1 2.52 2.52 1
2 3.08 6.16 4
3 2.96 8.88 9
4 3.14 12.56 16
5 3.21 16.05 25
6 2.99 17.94 36
21 17.9 64.11 91 Total
3.5 2.9833 Average

ナβ χ 0.0834 2.9933-0, o$34x3.5-2.6913 2.6913 t O.Oy34χ

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