Use the Data Given Below to Answer the Following Question(s)

question 75

Multiple Choice

Use the data given below to answer the following question(s) .
The table below shows the industrial lathe sales from the years 2000-2005.The forecaster uses the regression method to determine the forecast for the future.
-For the data given above,determine the regression equation.

• A)y = 377.14x + 3,813.33
• B)y = 3,813.33x + 377.14
• C)y = 3,813.33x - 377.14
• D)y = 377.14x - 3,813.33

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Definitions:

Fluctuation

Variability or changes in a state, condition, or level, often seen in contexts like economics or physical measurements.

Need for Order

The intrinsic human desire for organization, structure, and predictability in one's environment and life.

Hierarchy

A system or organization in which people or groups are ranked one above the other according to status or authority.

Need for Achievement

A psychological drive that motivates individuals to accomplish goals and excel in their endeavors.