Question

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

Maroon 5 TV Appearances	3	4	7	5	9	6
Demand for Guitars	2	6	8	6	10	8

This exercise contains only parts b, c, and d.

b) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal

places).

Y=_+_x

fill in the blacks

Answer 1

Demand Forecast