Use the following data to perform a regression analysis. What is the regression equation? Is it significant? How can you tell? What is the forecast for month 13? Month Sales 1 132 2 131 3 134 4 140 5 141 6 142 7 144 8 143 9 146 10 145 11 148 12 148

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter3: Straight Lines And Linear Functions
Section3.4: Linear Regression
Problem 12SBE: Find the equation of the regression line for the following data set. x 1 2 3 y 0 3 4
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Use the following data to perform a regression analysis.

    1. What is the regression equation?
    2. Is it significant? How can you tell?
    3. What is the forecast for month 13?

Month

Sales

1

132

2

131

3

134

4

140

5

141

6

142

7

144

8

143

9

146

10

145

11

148

12

148

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