Calculate the regression equation, Operation Management

Assignment Help:

The I-10 carpet outlet wants to develop a means to forecast its sales. The store manager believes that the stores 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 monthlycarpet monthly const.

Sales (1000yd) permits

1 5 17
2 12 30
3 6 12
4 5 14
5 8 10

Compute the regression equation(show work)


Related Discussions:- Calculate the regression equation

Explain what is the average length of the place order line, Wendys opens a ...

Wendys opens a drive through with one cashier and one food preparer. Customers will first enter the "place order" line to meet the cashier and then enter the "pick up" line to get

Explain how would you make a needs assessment, Suppose you were conducting ...

Suppose you were conducting a marketing analysis for a new textbook about technology management. What would you need to know to identify a market segment? How would you make a need

Production and Operation Management, What do you understand by “line balanc...

What do you understand by “line balancing”? What happens if balance doesn’t exist?

Understanding or knowing customer - customer satisfaction, Understanding or...

Understanding or Knowing Customer - Customer Satisfaction and Service Quality Involves making the effort to understand the customer's needs. It involves: learning the customer

Define why a shortened or shrinking business cycle, Another factor of chang...

Another factor of change is a shortened business cycle We are forced to bring products to market faster, to make faster return on investments, and to develop new products more quic

Manager case, In the table given below the Distribution Manager is expected...

In the table given below the Distribution Manager is expected to service these DCs as per the demands placed. If the actual sales after completing week one is as follows, what woul

Explain the role of the board of directors for a corporation, What is the r...

What is the role of the Board of directors for a corporation

Differences among transnationals and global corporations, 1) Discuss the di...

1) Discuss the differences between transnationals and global corporations. 2) Compare political risk in the US to that of Egypt. Is there more in one country and what is the imp

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd