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In the table below, x represents the number of years since 2000 and y represents annual sales (in thousands of dollars) for a clothing company. Use the least squares regression equation to Estimate sales in the year 2006. Round to the nearest thousand dollars.
Rewards
Incentives or benefits given for achieving certain goals or performances, aimed at motivating individuals or teams.
Antiassignment Clause
A contractual provision preventing the transfer of rights or delegation of duties to another party without prior consent.
Statute of Frauds
A legal concept that requires certain types of contracts to be executed in writing and signed by the party to be charged, to prevent fraud and perjuries.
Breach of Contract
A violation of any of the agreed-upon terms and conditions of a binding contract.
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