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#2. The operations manager of a musical instrument distributor feels that demand for a particular type...

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Basic Math

#2. The operations manager of a musical instrument distributorfeels that demand for a particular type of guitar may be related tothe number of YouTube views for a popular music video by thepopular rock group Marble Pumpkins during the preceding month. Themanager has collected the data shown in the following table:YouTube Views (1000s) Guitar Sales 30 8 40 11 70 12 60 10 80 15 5013

a. Graph the data to see whether a linear equation mightdescribe the relationship between the views on YouTube and guitarsales.

b. Using the equations presented in this chapter, compute theSST, SSE, and SSR. Find the least squares regression line for thedata.

c. Using the regression equation, predict guitar sales if therewere 40,000 views last month.

Answer & Explanation Solved by verified expert
4.3 Ratings (686 Votes)
a Graph the data to see whether a linear equation mightdescribe the relationship between the views on YouTube and guitarsalesThe graph for the data using Excel isb Using the equations presented in this chapter    See Answer
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