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The marketing manager of a large supermarket chain would like to use shelf space to predict the sales of pet food. For a random sample
The marketing manager of a large supermarket chain would like to use shelf space to predict the sales of pet food. For a random sample of 15 similar stores, she gathered the following information regarding the shelf space, in feet, devoted to pet food and the weekly sales in hundreds of dollars.
Store | Shelf Space | Weekly Sales |
1 | 5 | 1.3 |
2 | 5 | 1.6 |
3 | 5 | 1.4 |
4 | 10 | 1.7 |
5 | 10 | 1.9 |
6 | 10 | 2.3 |
7 | 15 | 2.2 |
8 | 15 | 2 |
9 | 15 | 1.8 |
10 | 20 | 2.2 |
11 | 20 | 2.4 |
12 | 20 | 2.9 |
13 | 25 | 2.9 |
14 | 25 | 2.7 |
15 | 25 | 2.5 |
Using the regression line for this problem, the approximate Weekly Sales for shelf space that is 30.
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