Asked by kelley
A large bicycle retailer collects data on the number of bicycles in each store compared to floor space of each store. The data is given in the table below.
Number of Bicycles
60
56
208
52
70
55
Floor Space (sq ft)
1400
1140
3250
1100
1500
1280
a) Determine the equation of the linear regression function.
b) What do the slope and x-intercept represent in this context?
c) Estimate the number of bicycles in a store with 2500 sq ft of floor space.
Number of Bicycles
60
56
208
52
70
55
Floor Space (sq ft)
1400
1140
3250
1100
1500
1280
a) Determine the equation of the linear regression function.
b) What do the slope and x-intercept represent in this context?
c) Estimate the number of bicycles in a store with 2500 sq ft of floor space.
Answers
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