Compute the regression equation

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Reference no: EM13108238

The I-10 Carpet Outlet wants to develop a means to forecast its sales. The store manager believes that the store's sales are directly related to the number of new housing starts in town. The manager has collected the following for the past 5 months:

Month Monthly Carpet Monthly Const.
Sales(1000s yd) Permits

1 5 17

2 12 30

3 6 12

4 5 14

5 8 18

6 4 10

7 14 38

8 9 20

9 9 16

10 16 31

Compute the regression equation.

Reference no: EM13108238

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