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Y = na + b X + b X X Y = a X + b X + b XX X Y = a X

image text in transcribed

Y = na + b X + b X

X Y = a X + b X + b XX

X Y = a X + b XX +b X

The Outdoor Shop would like to develop an estimating equation for predicting sales of Scouts Brand sleeping bags. They feel that sales of sleeping bags are related to the number of newly registered boy scouts and girl scouts in the community. In the six past years the following data have been compiled:

X

X

Y

Year

New boy scouts

New girl scouts

Sales (units)

2012

412

120

324

2013

316

126

289

2014

407

132

330

2015

418

189

370

2016

384

156

342

2017

393

207

384

  1. Develop the least squares estimating equation:

Y

X

X

X Y

X Y

XX

X

X

Y

In the fall of 2018, 312 new boy scouts have registered in the city's troops and 205 girl scouts have registered. How many sleeping bags should the Outdoor Shop expect to sell this year?

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