The equation used to predict the net sales (in millions of dollars) for a fiscal year for
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The equation used to predict the net sales (in millions of dollars) for a fiscal year for a clothing retailer is
\[ \hat{y}=23,769+9.18 x_{1}-8.41 x_{2} \]
where \(x_{1}\) is the number of stores open at the end of the fiscal year and \(x_{2}\) is the average square footage per store. Use the multiple regression equation to predict the \(y\)-values for the values of the independent variables.
(a) \(x_{1}=1057, x_{2}=3698\)
(b) \(x_{1}=1012, x_{2}=3659\)
(c) \(x_{1}=952, x_{2}=3601\)
(d) \(x_{1}=914, x_{2}=3594\)
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9781292260464
7th Global Edition
Authors: Betsy Farber, Ron Larson
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