=+3. The analyst in Exercise 1 tried fitting the regression line to each market segment separately and

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=+3. The analyst in Exercise 1 tried fitting the regression line to each market segment separately and found the following:

1000 2000 3000 4000 5000 6000 7000 December 8000 7000 6000 5000 4000 3000 2000 1000 0

January 0

What does this say about her concern in Exercise 1?

Was she justified in worrying that the overall model Jan = +612.07 + 0.403 Dec might not accurately summarize the relationship? Explain briefly.

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Business Statistics Plus Pearson Mylab Statistics With Pearson Etext

ISBN: 978-1292243726

3rd Edition

Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman

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Question Posted: Sep 07, 2024 07:01 AM

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=+3. The analyst in Exercise 1 tried fitting the regression line to each market segment separately and

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Business Statistics Plus Pearson Mylab Statistics With Pearson Etext

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