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Scenario:You are curious to see if there is a possible relationship between the number of promotions and total sales.You are provided with the following data:
Scenario:You are curious to see if there is a possible relationship between the number of promotions and total sales.You are provided with the following data:
Number of Promotions Total Sales
8 1900
2 1300
3 1800
6 1500
7 1750
12 2934
10 2700
5 1900
11 2412
1 1200
15 3300
14 3100
9 2193
13 2852
4 1712
Construct the linear regression equation and determine the predicted total sales value if the number of promotions is 7.Please show your work.
Is there a significant relationship?Clearly explain your reasoning using the regression results.
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