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Author Question: A rock band is trying to predict the number of CDs they will sell per week based on the number of ... (Read 82 times)

stock

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A rock band is trying to predict the number of CDs they will sell per week based on the number of hits they get on their web site which has a sample clip on it. They collect data from 13 previous weeks and entered it into a statistical computer package.
 
   For this regression study, the
   SSTO = 1,017,827 and the
   SSE = 18,1567.7. What is the
   value of the correlation between
   number of hits on the web site
   and number of CDs sold?


  1.17.8
  2.82.2
  3.90.6
  4.42.2

Question 2

A rock band is trying to predict the number of CDs they will sell per week based on the number of hits they get on their web site which has a sample clip on it. They collect data from 13 previous weeks and entered it into a statistical computer package.
   
  The least squares regression
  equation is given by:
   = -828 + 8.2x .
   
  What do you predict the CD
  sales to be for a week in which
  the web site has 215 hits?
  1.1,158
  2.2,591
  3.935



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canderson530

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Answer to Question 1

2

Answer to Question 2

3




stock

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Reply 2 on: Jul 24, 2018
Thanks for the timely response, appreciate it


jomama

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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