Instruction 12 -Referring to Instruction 12

question 53

Short Answer

Instruction 12.16
The management of a chain electronic store would like to develop a model for predicting the weekly sales (in thousands of dollars) for individual stores based on the number of customers who made purchases. A random sample of 12 stores yields the following results:
$$\begin{array} { | l | c | } \hline \text { Customers } & \text { Sales (Thousands of Dollars) } \\\hline 907 & 11.20 \\\hline 926 & 11.05 \\\hline 713 & 8.21 \\\hline 741 & 9.21 \\\hline 780 & 9.42 \\\hline 898 & 10.08 \\\hline 510 & 6.73 \\\hline 529 & 7.02 \\\hline 460 & 6.12 \\\hline 872 & 9.52 \\\hline 650 & 7.53 \\\hline 603 & 7.25 \\\hline\end{array}$$
-Referring to Instruction 12.16,what is the value of the standard error of the estimate?

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Definitions:

Sensory Relay

The process by which sensory information is transmitted from sensory receptors to the brain, often involving intermediate neurons and pathways.

Spinal Cord

The long, thin, tubular bundle of nervous tissue and support cells that extends from the brain down the length of the spine, part of the central nervous system.

Cerebrum

The largest part of the brain, responsible for cognitive functions such as thought, memory, problem-solving, and decision making, as well as processing sensory and motor information.

Muscle Tone

The continuous, partial contraction of individual muscles and muscle groups.