Joe's One Wheel Corporation uses Regression Analysis to predict sales. Joe has developed a simple model that uses Previous Month's Skateboard Sales and Average Temperature of the Previous Month to predict next months sales. The formula that Joe has developed is:Sales = 0.63 * (Skateboard Sales) + 0.165 * (Average Temperature) If the previous months Skateboard Sales were 968 and the Average Temperature was 91, how many One-Wheels should Joe expect to sell next month (round to the nearest unit) ?
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Home » Business » Joe's One Wheel Corporation uses Regression Analysis to predict sales. Joe has developed a simple model that uses Previous Month's Skateboard Sales and Average Temperature of the Previous Month to predict next months sales.