The following table shows the number of cars sold last month by six dealers at Centreville Nissan dealership and their number of years of sales experience. Management would like to use simple regression analysis to estimate monthly car sales using the number of years of sales experience. The slope of the regression equation is equal to ________.
A) −3.33
B) 0.71
C) 1.00
D) 6.15

Question

The following table shows the number of cars sold last month by six dealers at Centreville Nissan dealership and their number of years of sales experience.  Management would like to use simple regression analysis to estimate monthly car sales using the number of years of sales experience. The slope of the regression equation is equal to ________.
A) −3.33 
B) 0.71 
C) 1.00 
D) 6.15

Quizplus · Accepted Answer

The Answer of The following table shows the number of cars sold last month by six dealers at Centreville Nissan dealership and their number of years of sales experience.  Management would like to use simple regression analysis to estimate monthly car sales using the number of years of sales experience. The slope of the regression equation is equal to ________.
A) −3.33 
B) 0.71 
C) 1.00 
D) 6.15

The Following Table Shows the Number of Cars Sold Last