A car sales manager has collected the following data on the number of cars sold per week and years of experience for 7 of his salespeople.
$$\begin{array} { c l }
\text { Cars Sold/Week } & \text { Years of Experience } \
3 & 1.5 \
7 & 4 \
5 & 3 \
10 & 12 \
8 & 10 \
6 & 4 \
4 & 3.5
\end{array}$$
a.Develop a regression model to predict sales based on years of experience.
b.Use the estimated regression model to predict sales for a salesperson with 7 years of experience.

Question

A car sales manager has collected the following data on the number of cars sold per week and years of experience for 7 of his salespeople.
 $$\begin{array} { c l } 
\text { Cars Sold/Week } & \text { Years of Experience } \
3 & 1.5 \
7 & 4 \
5 & 3 \
10 & 12 \
8 & 10 \
6 & 4 \
4 & 3.5
\end{array}$$ 
a.Develop a regression model to predict sales based on years of experience.
b.Use the estimated regression model to predict sales for a salesperson with 7 years of experience.

Quizplus · Accepted Answer

The Answer of A car sales manager has collected the following data on the number of cars sold per week and years of experience for 7 of his salespeople.
 $$\begin{array} { c l } 
\text { Cars Sold/Week } & \text { Years of Experience } \
3 & 1.5 \
7 & 4 \
5 & 3 \
10 & 12 \
8 & 10 \
6 & 4 \
4 & 3.5
\end{array}$$ 
a.Develop a regression model to predict sales based on years of experience.
b.Use the estimated regression model to predict sales for a salesperson with 7 years of experience.

A Car Sales Manager Has Collected the Following Data on the Number