Use linear regression to develop a predictive model for demand for burial vaults based on sales of caskets. $$\begin{array} { l l l }
\text { Year } & \text { Sales of Caskets } ( 000 ) & \text { Demand for Vaults } ( 000 ) \
\hline 1 & 8 & 5 \
2 & 7 & 2 \
3 & 10 & 6 \
4 & 6 & 4
\end{array}$$

Question

Use linear regression to develop a predictive model for demand for burial vaults based on sales of caskets. $$\begin{array} { l l l } 
\text { Year } & \text { Sales of Caskets } ( 000 ) & \text { Demand for Vaults } ( 000 ) \
\hline 1 & 8 & 5 \
2 & 7 & 2 \
3 & 10 & 6 \
4 & 6 & 4
\end{array}$$

Quizplus · Accepted Answer

The Answer of Use linear regression to develop a predictive model for demand for burial vaults based on sales of caskets. $$\begin{array} { l l l } 
\text { Year } & \text { Sales of Caskets } ( 000 ) & \text { Demand for Vaults } ( 000 ) \
\hline 1 & 8 & 5 \
2 & 7 & 2 \
3 & 10 & 6 \
4 & 6 & 4
\end{array}$$

Use Linear Regression to Develop a Predictive Model for Demand