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Question #2 2. (A) In sheet Question #2 perform a regression analysis on the above data to see if household income can be used to

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Question #2 2. (A) In sheet Question #2 perform a regression analysis on the above data to see if household income can be used to predict future sales. (B) Create a graph that shows the historical data, the regression line and 95% confidence interval lines. ((3) Predict sales for the next three years based on the income projections iisted below. [fill in the blanks betow} Estimated Year Income Prediction 1999 58,000 2000 62,000 2001 65,000 (D) Is this a good representational model? Why or why not? {Answer}

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