George Jones, president of George Jones Enterprises, believes that there is a relationship between t


Question: George Jones, president of George Jones Enterprises, believes that there is a relationship between the number of radio stations playing his music and the dollar amount of sales. To document this assertion, Mr. Jones gathered the following sample information. The x column indicates the number of radio stations playing his music, and the y column shows the value of sales ($ thousands) last month for radio market sampled.

Stations (\[x\]) Sales (\] thousands) \[(y)\]
7 13
12 85
11 120
9 10
8 17

A) Determine the regression equation.

B) Determine the estimated sales of 27 stations in a market.

C) Determine the error of the estimate.

Price: $2.99
Answer: The solution consists of 2 pages
Deliverable: Word Document

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