Table 6-2. Time Actual Period Sales 1 230 238 260 275 300 285 270 290 305 320 335 2 3 4 5 6789 10 11 12 337 Refer to Table 6-2. The regression line formula for this set of numbers is a. Y = 225.43 + 8.98x. O b. Y = 232.66 +230x. O C. Y = 228.56 + 9.0x. d. Y = 241.37 + 11x.
Table 6-2. Time Actual Period Sales 1 230 238 260 275 300 285 270 290 305 320 335 2 3 4 5 6789 10 11 12 337 Refer to Table 6-2. The regression line formula for this set of numbers is a. Y = 225.43 + 8.98x. O b. Y = 232.66 +230x. O C. Y = 228.56 + 9.0x. d. Y = 241.37 + 11x.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section: Chapter Questions
Problem 40P: The Baker Company wants to develop a budget to predict how overhead costs vary with activity levels....
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Transcribed Image Text:Table 6-2.
Time Actual
Period Sales
1
230
2
238
3
260
4
275
5
300
6
285
7
270
8
290
9
305
10
320
11
335
12
337
Refer to Table 6-2. The regression line formula for this set of numbers is
a. Y = 225.43 + 8.98x.
b. Y = 232.66 + 230x.
OC. Y = 228.56 + 9.0x.
d. Y = 241.37 + 11x.
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