Least squares regression method the equation for forecasting

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Mark Gershon, owner of a musical instrument dis-tributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during the previous month. Mark has collected the data shown in the following table:

Marooon 5 Apperances 4 3 8 7 8 6

Demand for Guitars 3 6 8 4 10 6

B) using the least squares regression method the equation for forecasting is..

C) The estimate for guitar sales if Maroon 5 performed on TV 11 times is:

Reference no: EM131199409

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