Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following table depicts a study of the relationship between the number of contacts made and the sales. Number of sales ($ Contacts (X) thousands)
The following table depicts a study of the relationship between the number of contacts made and the sales.
Number of sales ($
Contacts (X) thousands) (Y)
1224
1526
2330
2128
3675
46110
4390
3992
1315
2431
Determine the regression equation
Y'=-21.07+2.69x
Y'=-21.07x+2.69
X'=-21.07+2.69Y
X'=-21.07Y+2.69
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started