TABLE 12-5
The managing partner of an advertising agency believes that his company's sales are related to the industry sales. He uses Microsoft Excel to analyze the last four years of quarterly data (i.e., n = 16) with the following results:

-Referring to Table 12-5, the value of the quantity that the least squares regression line minimizes is ________.

Question

TABLE 12-5
The managing partner of an advertising agency believes that his company's sales are related to the industry sales. He uses Microsoft Excel to analyze the last four years of quarterly data (i.e., n = 16) with the following results:
 
-Referring to Table 12-5, the value of the quantity that the least squares regression line minimizes is ________.

Quizplus · Accepted Answer

The Answer of TABLE 12-5
The managing partner of an advertising agency believes that his company's sales are related to the industry sales. He uses Microsoft Excel to analyze the last four years of quarterly data (i.e., n = 16) with the following results:
 
-Referring to Table 12-5, the value of the quantity that the least squares regression line minimizes is ________.

TABLE 12-5 The Managing Partner of an Advertising Agency Believes That His