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

Value of a Loyal Customer (VLC), A manufacturer of business copier workstat...

A manufacturer of business copier workstations has a 75 percent customer retention rate. Their accounting department estimates the incremental contribution to profit and overhead

Explain what challenges does adam-woodford face, What challenges does Adam-...

What challenges does Adam-Woodford face as he develops his five year product roadmap?

Explain negotiating pay and benefits, Use the internet to research how an i...

Use the internet to research how an interviewee or a current employee might negotiate better pay and/or benefits. Consider using a search term like "negotiating pay and benefits" o

Explain formal partnership agreement, Suppose a partnership is set up and o...

Suppose a partnership is set up and operated without a formal partnership agreement. What problems might arise?

Explain how stance on social responsibility, Q1. Should an organization alw...

Q1. Should an organization always adopt a broad stance on social responsibility? Explain how you agree or disagree with this question and why you have this perspective. Q2. What

Way for establishing whether disparate impact exists, One method for establ...

One method for establishing whether disparate impact exists in a company's hiring practices involves

How to completed a swot analysis of the company, A team has just completed ...

A team has just completed a SWOT analysis of the company. Briefly state what this analysis should be used for in the context of strategy.

Explain elements of a typical scope statemen, Analyze the elements of a typ...

Analyze the elements of a typical scope statement and the significance of each element. As a project leader, determine how you would communicate the scope of a project to the proje

Least cost methods, At any stage if there is a tie in the minimum cost so t...

At any stage if there is a tie in the minimum cost so that two or more routes have the same least cost of transportation then conceptually either of them may be selected. However a

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