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Mark Gershon, owner of a musical instrument distributorship, thinks demand for guitars may be related to the number television appearances by the popular group Maroon
Mark Gershon, owner of a musical instrument distributorship, thinks demand for guitars may be related to the number television appearances by the popular group Maroon during the previous month. Gershon has collected the data shown in the following table:
tableMaroon TV Appearances,Demand for Guitars,
The least squares Linear Regression Model from this data is: hat
What is the estimate for guitar sales if Maroon performed on TV times and what is the correlation coefficient this model?
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