Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 29 Sep 2017 My Price 4.00

director of marketing

1.   The director of marketing at Reeves Wholesale Products is studying monthly sales. Three independent variables were selected as estimators of sales: regional  population,  per capita income, and regional unemployment rate. The regression equation was computed to be (in dollars):

Yˆ = 64,100 + 0.394X1 + 9.6X2 - 11,600X3

a.   What is the full name of the equation?

b.  Interpret the number 64,100.

c.   What are the estimated monthly sales for a particular region with a population of 796,000, per capita income of $6,940, and an unemployment rate of 6.0 percent?

Answers

Maurice Tutor
(5)
Status NEW Posted 29 Sep 2017 09:09 AM My Price 4.00

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