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2. The following data show the amount of unit sales and corresponding profits of Astrasinoka, a distributor of multivitamins and other food supplements for all

2. The following data show the amount of unit sales and corresponding profits of Astrasinoka, a distributor of multivitamins and other food supplements for all ages.

  1. etermine the least square regression equation
  2. What is the slope in regression equation you derived in Number 1, what does this slope stand for?
  3. Forecast the profit that will be earned if Astrosinoka unit sales is at 7,200.

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2. The following data show the amount of unit sales and corresponding profits of Astrasinoka, a distributor of multivitamins and other food supplements for all ages. Unit Sales (in Profits (in 000) 000 5,800 2,500 6,200 3,300 5,200 2,800 3,800 2,400 4.400 3,300 4,600 2.200 4,200 2.000 6,200 2.200 6,400 3.000 3,600 3,400 a. Determine the least square regression equation b. What is the slope in regression equation you derived in Number 1, what does this slope stand for? c. Forecast the profit that will be earned if Astrosinoka unit sales is at 7,200

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