A manager gathered data to determine the relationship between the number of mile

Question

A manager gathered data to determine the relationship between the number of miles (in hundreds of miles) the manager's sales representatives travel per month and the amount of sales (in thousands of dollars). The data is shown in the table.He used statistical regression to find the line of best fit. The line equation was found to be y = 3.529x + 37.916. Predict the sales for travel of 800 miles. (Points : 4)

miles traveled, x 2 3 10 7 8 15 3 1 11
sales, y 31 33 78 62 65 61 48 55 120

$65
$65,000
$30686
$162.04

Explanation / Answer

y = 3.529x + 37.916 = 3.529*8 + 37.916 = 66.148 (in thousands of dollars) Answer: $65,000

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.