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7). C&A has just entered the HDTV market and would like to use Excel to perform a linear regression forecast for the sales of its

7).

C&A has just entered the HDTV market and would like to use Excel to perform a linear regression forecast for the sales of its HDTV. C&A entered the past six month's sales figures in Excel starting in cell A1:

Month

X

Sales (in $'000)

May

1

10

June

2

20

July

3

60

August

4

50

September

5

80

October

6

60

Based on the attached summary output of the regression analysis, what are the values of a and b in the regression equation Y = a + b X image text in transcribed

8).

C&A has just entered the HDTV market and would like to use Excel to perform a linear regression forecast for the sales of its HDTV. C&A entered the past six month's sales figures in Excel starting in cell A1:

Month

X

Sales (in $'000)

May

1

10

June

2

20

July

3

60

August

4

50

September

5

80

October

6

60

Answer the following questions based on the attached summary output of the regression analysis. What is the sales forecast for December? image text in transcribed

9).

C&A has just entered the HDTV market and would like to use Excel to perform a linear regression forecast for the sales of its HDTV. C&A entered the past six month's sales figures in Excel starting in cell A1:

Month

X

Sales (in $'000)

May

1

10

June

2

20

July

3

60

August

4

50

September

5

80

October

6

60

Based on the attached summary output of the regression analysis, what is the value of the correlation coefficient? image text in transcribed

10).

C&A has just entered the HDTV market and would like to use Excel to perform a linear regression forecast for the sales of its HDTV. C&A entered the past six month's sales figures in Excel starting in cell A1:

Month

X

Sales (in $'000)

May

1

10

June

2

20

July

3

60

August

4

50

September

5

80

October

6

60

Based on the attached summary output of the regression analysis, what conclusion can be drawn?

image text in transcribed

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