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Solve the following question. The following is the 8 week sales data for a Kashmiri tea...

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Question

Statistics

Solve the following question.

  1. The following is the 8 week sales data for a Kashmiri tea housecomprising the number of customers (in hundreds) and weekly sales(in thousand SRs).

No of Customers

15

9

40

20

25

25

15

35

Weekly Sales

06

04

16

06

13

09

10

16

  1. Find the simple linear regression equation of weekly sales overnumber of customers.
  2. What will be sales of ninth week given that the average numberof customers is 30?

Answer & Explanation Solved by verified expert
4.2 Ratings (494 Votes)
We should build simple linear regression model by consideringWeekly sales as dependent variable and Number of customers asindependent variableI have to used R code to solve this questionGIVENThe 8 week sales data for a    See Answer
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