Homework SourseThe table shows the number of cars sold last month by seven
The table shows the number of cars sold last month by seven employees at a dealership and their number of years of sales experience. Management would like to use simple regression analysis to estimate monthly car sales using the number of years of sales experience. what is the y-intercept for the regression equation?
a) 8.337
b) 4.598
c) 2.165
d) 6.940
| Experience | Sales |
| 1 | 8 |
| 2 | 6 |
| 2 | 7 |
| 4 | 14 |
| 5 | 9 |
| 6 | 13 |
| 8 | 10 |
Solution
