TABLE 16-3
The following table contains the number of complaints received in a department store for the first 6 months of last year.
-Referring to Table 16-5, the best interpretation of the coefficient of Q3 (0.617) in the regression equation is
A) the number of contracts in the third quarter of a year is approximately 62% higher than it would be during the fourth quarter.
B) the number of contracts in the third quarter of a year is approximately 62% higher than the average over all 4 quarters.
C) the number of contracts in the third quarter of a year is approximately 314% higher than the average over all 4 quarters.
D) the number of contracts in the third quarter of a year is approximately 314% higher than it would be during the fourth quarter.
Correct Answer:
Verified
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