Temperance, Inc

question 46

Multiple Choice

Temperance, Inc. is studying marketing cost and sales volume, and has generated the following information by use of a scatter diagram and a least-squares regression analysis: Temperance is now preparing an estimate for monthly sales of 18,000 units. On the basis of the data presented, compute the most accurate sales forecast possible.

• A) $159,500.
• B) $162,000.
• C) $164,900.
• D) $167,400.
• E) None of the other answers is correct.

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