Q53.
Question
Use the table that shows the years of experience for eight sales representative and their sales during a given period of time.
years | 6 | 5 | 3 | 1 | 4 | 3 | 6 | 2 |
Sales | 9000 | 6000 | 4000 | 3000 | 6000 | 5000 | 8000 | 2000 |
Predict the sales for a representative with 8 year of experience
Step-by-Step Solution
Verified Answer
The sales for a representative with 8 year of experience is
1Step 1 use the y value of 8
As the prediction equation is determined as
It gives a relation between the sales and year of experience
2Step 2 substitute in equation
Put the value of 8 years in the above equation
3Step 3 calculation of predicted sales
Now the above equation is rewritten as
Hence, the value of the is
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