Business, 18.12.2021 19:00 nasrah

The following data was entered into Excel to determine the linear regression equation for the number of purchases as a function of the number of website visits. As you can see, data was collected from the last 9 weeks. The intercept turned out to be -1,552 and the slope 0.0648. If the forecast for week 10's website visits is 48,000, then how many purchases can be expected in week 10? Visits

46,200

45,150

43,200

47,500

46,300

48,000

42,350

47,500

46,100

Purchases

1,400

1,325

1,300

1,650

1,300

1,575

1,200

1,500

1,500

A. Exactly 1,575

B. Approximately 1,550

C. Approximately 47,900

D. Exactly 48,000

Answers: 2

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The following data was entered into Excel to determine the linear regression equation for the number...

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