Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number

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Mark Gershon Owner Of A Musical Instrument Distributorship Thinks That Demand For Guitars May Be Related To The Number 1 (119.98 KiB) Viewed 57 times

Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during the previous month. Gershon has collected the data shown in the following table: Maroon 5 TV Appearances Demand for Guitars Y = + 3 4 This exercise contains only parts b, c, and d. b) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal places): X 3 5 6 6 7 9 6 6 10 7 c) The estimate for guitar sales if Maroon 5 performed on TV 11 times = d) The correlation coefficient (r) for this model = The coefficient of determination (²) for this model = (round your response to four decimal places). The percentage of variation in sales that can be explained by TV appearances = % (round your response to two decimal places). sales (round your response to two decimal places). (round your response to four decimal places).