Answered

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An electronics retailer used regression to find a simple model to predict sales growth in the first quarter of the new year (January through March). The model is good for 90 days, where x is the day. The model can be written as follows:
ŷ = 103.38 + 2.45x
where ŷ is in thousands of dollars.
What would you predict the sales to be on day 60?

Sagot :

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