A Rendering Plant Wishes to Use the Data (Sales Records

question 43

Short Answer

A rendering plant wishes to use the data (sales records from a few local businesses and the month of the year) to help determine their supply level for the coming months. The records shown in the table provide an excellent opportunity for you to assist them with their forecasting.
$$\begin{array} { | c | c | c | } \hline \text { Month } & \text { Sales } & \text { Pounds } \\\hline \text { Tanuary } & 45 & 54.3 \\\hline \text { February } & 57 & 63.8 \\\hline \text { March } & 32 & 39.5 \\\hline \text { April } & 44 & 49.8 \\\hline \text { May } & 51 & 52.3 \\\hline \text { Tune } & 34 & 39.9 \\\hline\end{array}$$
-What is the regression equation resulting from using Sales to forecast Pounds?

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Definitions:

Wikis

Collaborative websites or databases allowing users to add and edit content freely, often used for gathering and sharing information on various topics.

Immediacy

The quality of bringing one into direct and instant involvement with something, giving a sense of urgency or importance.

Cost

The amount of money required to purchase, produce, or maintain something.

Crisis Communication

The strategy and execution of communicating effectively during a crisis to manage perceptions and mitigate damage to reputation.