I want to see if there is a relation between makeup sales and the age of...

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I want to see if there is a relation between makeup sales andthe age of people buying them on any given day at Sephora. 10people were randomly sampled.

X-axis: 13, 14, 16, 17, 21, 25, 30, 37, 50, 62 (age)

Y-axis: 2, 7, 30, 26, 15, 33, 7, 3, 14, 1 (Makeup sales)

What is the impact of using a linear regression model in thiscase? What options, other than linear regression, can you see? Youdo not need to collect any data.

For your response to a classmate (two responses required, one ineach option), examine your classmate’s problem to assess theappropriateness and accuracy of using a linear regression model.Discuss the meaning of the standard error of the estimate and howit affects the predicted values of Y for that analysis.

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GivenWe have data of makeup sales and the age ofpeople buying them on any given day at Sephora for the 10peopleTo do1 Need to check the impact of using linearregression on this data2 Is there any other technique we can usehere3 Explain the meaning of Standard Error of theestimate and how it affects the predicted value of yAnswers1Linear Regression    See Answer
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