The makers of the Lexus automobile have steadily increased their sales since their U.S. launch in 1989.
Question:
a. Plot the data using a scatterplot. How would you describe the relationship between year and sales of Lexus?
b. Find the least-squares regression line relating the sales of Lexus to the year being measured.
c. If you were to predict the sales of Lexus in the year 2015, what problems might arise with your prediction?
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Related Book For
Introduction To Probability And Statistics
ISBN: 9780495389538
13th Edition
Authors: William Mendenhall, Robert J. Beaver, Barbara M. Beaver
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