Mathematics, 16.04.2020 15:14, reagancunningham2004
You work for a company in the marketing department. Your manager has tasked you with forecasting sales by month for the next year. You notice that over the past 12 months sales have consistently gone up in a linear fashion, so you decide to run a regression the company's sales history. You find that the regression equation for the data is (sales) = 128.329*(time) + 115.362. In August (time = 8) you see the actual sales quantity was 322.492. The residual is -819.502. Interpret this residual in terms of the problem.
01) The month is 819.502 months less than what we would expect.
02) The month is 819.502 months larger than what we would expect.
03) The sales is 819.502 units greater than what we would expect.
04) The sales is 819.502 units less than what we would expect.
05) The sales is 322.492 units less than what we would expect.
Answers: 3
Other questions on the subject: Mathematics
Mathematics, 21.06.2019 17:30, hailscooper7363
Simplify this expression.2(10) + 2(x – 4) a. 2x + 16 b. x + 12 c. 2x + 12 d. x + 16
Answers: 2
Mathematics, 21.06.2019 17:30, nae9587
Arefrigeration system at your company uses temperature sensors fixed to read celsius (°c) values, but the system operators in your control room understand only the fahrenheit scale. you have been asked to make a fahrenheit (°f) label for the high temperature alarm, which is set to ring whenever the system temperature rises above –10°c. what fahrenheit value should you write on the label
Answers: 1
Mathematics, 21.06.2019 18:30, Sruyle51230
Which value would be a solution for x in the inequality 47-4x< 7
Answers: 1
Do you know the correct answer?
You work for a company in the marketing department. Your manager has tasked you with forecasting sal...
Questions in other subjects:
English, 12.08.2020 05:01
