Mathematics, 23.03.2021 01:00 christabell0303
A car dealership has hired you to determine how many sales they can make based on how many flashcards they can have in a quarter. You are performing least squares regression on the following set of data. Calculate the slope and the y-intercept, and give the least squares regression equation.
β Flash Sales: 1 , 2 , 3 , 4 , 5 ,
β Cars sold: 35, 47, 49, 53, 97,
A.) Slope: 18.7, y-intercept: 0; y-hat = 18.7x + 0
B.) Slope: 17.2, y-intercept: 0; y-hat = 17.2x + 13
C.) Slope: 13, y-intercept: 0; y-hat = 13x + 17.2
D.) Slope: 56.2, y-intercept: 0; y-hat = 56.2x + 0
βThe best equation I formulated with these multiple choices, is selection, or Charlie (c)β
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